ACN Business

Hibiscus Petroleum Completes Acquisition of North Sabah PSC from Shell

Written by ACN Newswire

Hibiscus Petroleum Completes Acquisition of North Sabah PSC from Shell

- Hibiscus Petroleum secures second revenue stream with completion of the transaction to acquire 50% participating interests in the North Sabah PSC from Shell.- Operatorship of the assets have been transferred from Shell to SEA Hibiscus.- Significant boost in Hibiscus Petroleum?s oil production and 2P Reserves.KUALA LUMPUR, Apr 2, 2018 - (ACN...

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