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Hibiscus Petroleum

Hibiscus Petroleum drilled and completed the first of three wells for the St Joseph infill drilling project in the North Sabah enhanced oil recovery production-sharing contract offshore Malaysia. The SJ-105A horizontal well had a 2,400-ft horizontal section that encountered 1,000 ft of oil in the targeted reservoirs. Production stabilized at just over 1,000 B/D of oil.


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