Hibiscus Signs Deal With Petronas For 30% Production Interest In Block PM327
Hibiscus Signs Deal With Petronas For 30% Production Interest In Block PM327
Hibiscus Petroleum Berhad announced that its indirect wholly-owned subsidiary, Straits Hibiscus Sdn Bhd has signed an agreement to acquire a 30% Participating Interest in the Block PM327 Production Sharing Contract through a farm-in arrangement with PETRONAS Carigali Sdn Bhd.
Hibiscus Petroleum Berhad宣布,其间接全资子公司Straits Hibiscus Sdn Bhd已与PETRONAS Carigali Sdn Bhd签署了一份协议,通过股权转让方式从Block PM327生产共享合同中获得了30%的参与权益。
The group said the transaction is currently pending regulatory approvals and fulfilment of conditions precedent. The PM327 PSC was offered as part of the Malaysia Bid Round 2022 by Malaysia Petroleum Management (MPM), Petroliam Nasional Berhad, and was awarded to PETRONAS Carigali and E&P Malaysia Venture Sdn Bhd ("EPMV") in 2023. The PM327 PSC, being one of the largest exploration blocks offshore Peninsular Malaysia, is located to the south of the PM3 Commercial Arrangement Area PSC.
该集团表示,该交易目前正在等待监管部门的批准和履行先决条件。PM327 PSC是由马来西亚石油管理局(MPM)、马来西亚国家石油有限公司(PETRONAS Carigali)和E&P Malaysia Venture Sdn Bhd(“EPMV”)于2023年获得的马来西亚2022年投标回合的一部分。PM327 PSC是马来西亚半岛海域最大的勘探区块之一,位于PM3商业安排区域PSC的南部。
It is within a commercial arrangement area between Malaysia and Vietnam and is operated by another wholly-owned subsidiary of Hibiscus Petroleum.The PM327 PSC covers an area of more than 12,500 square kilometres, with water depths ranging between 20 to 75 metres. Exploration activities have commenced since 2023 and the program includes the acquisition of new 3D seismic, reprocessing existing seismic data and the phased drilling of exploration wells.
PM327 PSC位于马来西亚和越南之间的商业安排区域内,由Hibiscus Petroleum的另一家全资子公司运营。PM327 PSC占地面积超过12,500平方公里,水深范围在20至75米之间。勘探活动自2023年起已经开始,计划包括获取新的3D地震数据,重新处理现有地震数据和分阶段钻探勘探井。
Commenting on the farm-in, Country Head, Malaysia & Vietnam, Dr Pascal Hossaid, "We have had interest in PM327 for some years now and we are grateful to PETRONAS Carigali for offering us this opportunity to participate in the exploration of this large block. The proximity of the northern area of the block to PM3 CAA offers significant synergistic opportunities upon any discoveries. We are very familiar with the geology of the area which has produced many notable discoveries, and we look forward to putting our collective experience and expertise to work towards the successful exploration of Block PM327 with PETRONAS Carigali and EPMV".
马来西亚和越南地区总经理Pascal Hossaid博士在谈到股权转让时表示:“我们对PM327有了几年的兴趣,我们感谢PETRONAS Carigali给我们提供了这个参与该大区块勘探的机会。该区块的北部地区与PM3 CAA的接近关系在任何发现后都提供了重要的协同机会。我们对该地区的地质非常熟悉,该地区也发现了许多有名的油藏,我们期待与PETRONAS Carigali和EPMV一起利用我们的集体经验和专业知识,为Block PM327的成功勘探工作做出贡献。”