2023 FY target to sell 7.0 to 7.2 mil boe.
With Q1 realized offtake 1.5mil boe: Q2 & Q3 at 2.1 & 1.8 respectively based on their management's planning, Q4 will be at 1.7mil. Means this current Q1 will be the lowest performance in 2023.
Hope for the best & Q1 performance is not bad with EPS 7c for a counter at price <RM1.

Only 1 off take for this QR. They announced earlier, so balance will carry forward to Q2. Target 7mil boe & they are on track. Means balance 3 Q to deliver 6mil boe

Not sure if anyonr has idea on the avg production in their management presentation show 12k boe, if obly have 80days also 971k barrel. But oil sold only 471k boe. Means there is 500k boe produced in Q3 not sell... 500k boe >RM200,000,000.
Am I right?

Guys, go read page 20 properly. Is everyone jz panic because the negative goodwills. Daily 20k barrel x 80-90 days x USD100 x currency 4.2...
U shud know the revenue is not 297k after production with Repsol.

According to Hibiscus Petroleum, a negative goodwill of RM317.3mil was recognised upon the January 2022 completion of its acquisition of the entire equity interest in Fortuna International Petroleum Corporation (FIPC)

It said the newly acquired assets in FIPC group have boosted the group’s net production to about 20,000 barrels of oil equivalent (boe) per day.

Consequently, the group expects to deliver approximately 4.6MMboe of oil, condensate and gas from its producing assets for FY22.

Guys, panic hamik? That negati e goodwill is genuine extra profit from Repsol

https://www.thestar.com.my/business/business-news/2022/05/25/hibiscus-petroleum039s-net-profit-jumps-to-rm30754mil-declares-1c-div-per-share