knm price din drop much when all the other counters dropped so much today. Good news ...mean all investors are positive with this counter future

i guess scomies refused to merge with scomi group as they know this counter price going rocket up soon once ophir revenue come in

The revenue should be reflected in fy18q1 or q2. The power of shooting up should be scary

https://www.offshoreenergytoday.com/octanex-first-oil-flows-at-ophir-field-malaysia/
https://www.thestar.com.my/business/business-news/2017/01/12/rsc-lease-of-life/
https://www.brecorder.com/2017/11/02/378162/asia-pacific-crude-petronas-sells-new-grade-ophir-light/


Malaysia’s Petronas sells new crude Ophir Light for loading in Dec -sources Thursday, 02 November 2017 | 16:00 Malaysia’s Petronas sells new crude Ophir Light for loading in Dec -sources
Malaysia’s Petronas has sold the first ever cargo of Ophir Light crude for loading in December to a trading company, three trade sources said.

The 200,000-barrel cargo will load over Dec. 8 to 14 and was sold via a tender, the sources said.

With a production of about 6,000 barrels per day, the crude has an API gravity of 46 to 47 degrees and a sulphur content of about 0.07 percent, they said.

The Ophir field, located offshore Terengganu, Malaysia, northeast of peninsular Malaysia, is developed by Ophir Production Sdn Bhd (OPSB) under a Risk Service Contract, according to Octanex’s website. Octanex owns 50 percent of OPSB.

OPSB is the service provider and operator of the Ophir field while Petronas owns the resource, Octanex said.

Petronas could not be immediately reached for comment.
Source: Reuters (Reporting by Florence Tan; Editing by Christian Schmollinger)


Stay tune

Its a good buy now. Fundamental never change ... not talley with price dropped. Why worry

Crude oil shoot up 1 usd ! Congratz to all oil counter tomorrow morning !!!!! huat arrrr