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Overview
Financial Highlight
Headlines
Business Background Reach Energy Bhd is an oil and gas exploration and production company. It is principally engaged in the exploration, development, and sale of petroleum products in the Republic of Kazakhstan. The company earns the majority of its revenue from the sale of crude oil in the Republic of Kazakhstan.
  melkeng888 no strong goreng boss behind, just one day show. show 1 day sleep 10 days.... 27/07/2022 6:22 PM billionman the price will slightly up before 6 aug..conversion period push up a bit.......at parent unit price..... 28/07/2022 10:03 AM billionman warrant conversion 1.27 bill shares (entering market 6 aug) + new issuance 1032 bil shares to SRL (not yet entering market)....??????up.. and dilution..sure likely to take place 28/07/2022 10:05 AM billionman Q2Q 30-May-2022 31-Mar-2022 51,219 -5,061 2,934 366 5.73% 0.09% 0.00 0.00 0.37 100.58%+ 28/07/2022 11:18 AM billionman reminisce Reach Energy Bhd (REB) has proposed to issue 1.03bn new ordinary shares at an issue price of 20.0 sen per share to undertake a debt settlement exercise involving RM206.5m owed to Super Racer Limited (SRL). At the same time, SRL and Cheung Siu Fai, acting in concert with SRL, intend to seek an exemption from the Securities Commission Malaysia from the obligation to undertake a mandatory take-over offer for the remaining REB shares and the outstanding warrants issued by REB expiring on 15th Aug 2022 on completion of the proposed debt settlement. The proposals are expected to be completed by 2H22. (The Star) 28/07/2022 11:23 AM billionman ohhh better...... less dilution...... why no ppl interested conversion ..conversion rate based on current mother share 28/07/2022 5:13 PM billionman Posted by newbie_2016 > 4 hours ago | Report Abuse @billionman got commission eh? ;) ............................... yeah waiting TP .80 c........ collecting .. can wait end yr when more wells bpd increase. hahahah 28/07/2022 5:17 PM billionman analyst forecast end 2022..peak 2023-2024 max production. And it will be sustainable for years..... fm my own analysis..... 28/07/2022 5:18 PM billionman 12th largest oil reserves in the world (Malaysia is 26th) 30 billion bbl of proven crude oil reserves (vs. 3.75 billion bbl for Malaysia) Go-to country for oil & gas industry majors The super-giant Kashagan field, containing 11bn bbl of reserves, commenced production in October 2016 Favourable Geological Conditions Located in Western Kazakhstan the most prolific region in the country Emir-Oil Concession Block is located in a proven oil region surrounded by other producing fields, such as the Zhetibai and Uzen oilfields Developed Infrastructure Major oil pipelines link Kazakhstan with Europe, via Russia, and China Emir-Oil Concession Block is located close to export and distribution infrastructure centered around Aktau, Kazakhstan’s main Caspian Sea port 28/07/2022 5:20 PM billionman if u read this...it helps to see the potential https://eurodialogue.org/Will-Kazakhstan-oil-reach-Europe 28/07/2022 5:24 PM billionman Kazakhstan is is well known as the oil-rich country’s ........yet to be tapped.. REACH is lucky the only Malaysian oil&Gas company to operate here....... 28/07/2022 5:30 PM billionman The field O&G whose ultimate development price tag is estimated at more than $20 billion, lies in the shallows of the northern Caspian Sea. If gas reinjection is successfully implemented, it is expected to yield between 9-13 billion barrels of sweet, light crude, making it one of the world's top six deposits and the colossus of the Caspian region. Kazakhstan is sparsely populated country--the size of Western Europe--in 2015 exporting 3 million bpd by. This is more than Russia exports today at that time and would place Kazakhstan among the world's top six exporters years to come. 28/07/2022 5:37 PM cK1973 Goreng counter is like that ma.... No worries..... Anak sudah hangus tapi ada ibu lagi ma.... Lets start the ball rolling.... 29/07/2022 12:35 PM billionman https://oilprice.com/Energy/Crude-Oil/Big-Oil-Set-For-Blowout-Performance-But-What-Comes-Next.html 29/07/2022 4:49 PM billionman https://www.msn.com/en-gb/money/other/exxonmobil-and-chevron-shatter-profit-records-eurozone-inflation-hits-record-8-9-business-live/ar-AA105zYK?cvid=c091c0e9784f4ee897db4601d4899c6a 30/07/2022 8:26 AM billionman ..High Oil Prices Spark A New Wave Of Exploration By Alex Kimani - Jul 26, 2022, 7:00 PM CDT Oil companies are reaping the benefits of high energy prices. Indebted American oil and gas companies, armed with improved balance sheets, are finally drilling again. Oilfield services companies are among the biggest winners as demand soars on a favorable mix of exploration and offshore activity. 30/07/2022 6:55 PM cK1973 Still strong this counter and holding at 4. Well, i m still waiting at 1 Goreng counter ma 01/08/2022 9:46 AM newbie_2016 @cK1973 hibernate coz nobody want to goreng Reach lah imho. How ah @Billionman???? Kepish?? 01/08/2022 11:53 AM billionman waiting for dilution 1. conversion d 2. 1032 mil new issuance shares SRL still no news..timing ........ 01/08/2022 2:55 PM billionman if lucky it will hit 1-2 cents or in the range 2-3 cents the baseline..may be....... hahaha..sharks too watching and eyeing with interest.. oil demand and pricing is going to be pivotal up trending..... 01/08/2022 2:57 PM newbie_2016 @Understand Mr @Billionman thinks otherwise??? hmmmm ... what are we missing?? 04/08/2022 10:00 AM cK1973 Mau jatuh, jatuh betul betul sampai bottom ma, Mau naik, naik betul betul ma, tiap tiap hari tidur...... 04/08/2022 1:27 PM  |
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