With 2.1 million boe in Q4 (double Q3 sale volume as most inventory to be monetised and full 3 months FIPC production), higher average oil price by 15%, and higher USD-Myr conversion rate by 5%, it is going to be better results definitely. Pare down the debt and accumulate capital to develop the contingent reserves and higher dividend pls.

Kaki minyak, Q3 revenue was not as high as the production indicated because they kept the oil in the tank and sold most of the volume in the following quarter (Apr, May, Jun) - where the oil price was a lot higher. Good strategy.

https://news.sky.com/story/whats-a-windfall-tax-how-much-do-oil-companies-already-pay-and-has-uk-tried-it-before-12609279

KY Gel
"FDP approved, FPSO on location, first well subsea immediate production and cashflow. we are not building a new FPSO, but use the existing one, and put the first well right on the spot. "

Bulding new FPSO and luring other undeveloped fields nearby tie-ins, is what the management has in mind I think.

Najib said MAB will sell Sabiha Gokchen for around 3 billion

Hibiscus should reconsider delaying by a few quarters its planned CAPEX on Anasuria to increase its net production. Why not offer some cash to Ping Petroleum/Dnex for the rest of Anasuria equity. 100% chance of success, no operational risk. Can double net production from Anasuria in the process.

4QFY18 ends 30 June 2018, right? We knew this since September. No Anasuria lifting reported that quarter.

https://oilprice.com/Geopolitics/International/Iran-Threatens-To-Close-Key-Oil-Choke-Point.html

Dragonslayer Cash in bank as of end Oct slightly below 300milion. 156million of that by now may have been used for the recent North Sea blocks acquisition. The balance and proceeds from offtakes in 19Q2 and 19Q3 should be sufficient to cover the 190million Capex. But to develop the contingent resources in the new North Sea blocks expected by 20Q2, may require loan or private placement/warrants.

67% buying.. Highest in weeks

Oil price needs to be north of 55/bbl for the next 3Qs in order to be in line with Publicbank's forecast model of rm308m in 2019F (100m already pocketed in Q1).

A Publicbank analyst last August forecasted Profit After Tax for 2019F at 308m. Q1 already 100m DONE, 208M to go for next 3Qs. TP rm1.7. Oil price assumed at 60 /bbl.

November-dec price for jan-feb cargoes...so oct and nov cargoes stil will fetch good price sold two months ago at near peak price

50cents time invoices for North Sabah cargoes not yet issued..revenue solely from anasuria cargo, one per quarter. Now likely 3-4 cargoes per quarter.

DNex has just issued QR. Contribution from Its associate PING Petroleum, which controls 50% of Anasuria, increased almost 70%YOY.