HIBISCUS PETROLEUM BERHAD
HIPEF · US OTC
Hibiscus Petroleum Bhd. is an investment holding company, which engages in the production and sale of crude oil. It operates through the following segments: Investment Holding and Group Activities; 3D Oil, VIC/L31 and VIC/P57; Anasuria Hibiscus; and North Sabah. The Investment Holding and Group Activities segment involves in investing in companies owning and operating oil and gas concessions. The 3D Oil, VIC/L31 and VIC/P57 segment covers the production license VIC/L31 for the field and exploration prospects within exploration permit VIC/P57, and investment in 3D Oil. The Anasuria Hibiscus segment includes investments and operations in a geographically focused package of operated producing fields and associated infrastructure located in the United Kingdom Central North Sea. The North Sabah segment relates to the management of the operations relating to the production of petroleum from four existing oil fields. The company was founded on December 5, 2007 and is headquartered in Kuala Lumpur, Malaysia.