Hibiscus Petroleum Berhad

Malaysia’s first listed independent oil and gas exploration and production company

General Information
Company Name
Hibiscus Petroleum Berhad
Founded Year
2011
Location (Offices)
Malaysia +1
Founders / Decision Makers
Number of Employees
650
Industries
Finance, Oil and Gas
Funding Stage
Post Ipo Equity
Social Media

Hibiscus Petroleum Berhad - Company Profile

Hibiscus Petroleum Berhad is Malaysia’s first listed independent oil and gas exploration and production company. The company's key activities revolve around monetising producing oilfields and expanding its portfolio of development and producing assets in regions such as the United Kingdom, Malaysia, and Australia. As an operator of offshore oil and gas producing fields, Hibiscus Petroleum is dedicated to enhancing operational efficiencies to ensure safe and high-margin production. In the current oil and gas market, the company's growth strategy focuses on leveraging existing assets, selectively acquiring quality opportunities, and delivering sustainable returns to shareholders. Emphasizing safety and environmental management, the company prioritizes corporate governance and aims to expand its business on strong technical and commercial foundations.

Founded in 2011 and headquartered in Kuala Lumpur, Malaysia, Hibiscus Petroleum is listed on the Main Market of Bursa Malaysia Securities Berhad. Additionally, it is a constituent of the FTSE4Good Bursa Malaysia Index and the FTSE4Good Bursa Malaysia Shariah Index, with its securities classified as Shariah-compliant by the Shariah Advisory Council of the Securities Commission of Malaysia. The most recent post-IPO equity investment was made on December 3, 2015, with Polo Resources being the investor in this round.

Taxonomy: Oil and Gas Exploration, Oil and Gas Production, Offshore, Oilfields, Production Assets, Operational Efficiencies, Acquisitions, Safety Management, Environmental Management, Corporate Governance, Technical Foundations, Bursa Malaysia, Shariah-compliant, Listed Company, Malaysia

Funding Rounds & Investors of Hibiscus Petroleum Berhad (1)

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Funding Stage Amount No. Investors Investors Date
Post-IPO Equity Unknown 1 Polo Resources 03 Dec 2015

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