Sumatec upbeat on second half performance
www.thesundaily.my 12-Jun-2015 6:00 AM
KUALA LUMPUR: Upstream oil and gas player Sumatec Resources Bhd expects to establish a steady revenue stream in the second half of the year on increased drilling activities.
"We're still doing okay, operations are steady," its CEO Chris Dalton told r...
Sumatec optimistic on second half performance
www.thesundaily.my 11-Jun-2015 4:00 PM
KUALA LUMPUR: Sumatec Resources Bhd expects to establish a steady revenue stream in the second half of the year on increased drilling activities.
Its first-quarter net profit ended March 31, 2015 jumped more than four fold to RM19.44 million from RM4...
Sumatec to miss RM1b revenue target
www.thesundaily.my 9-Apr-2015 10:00 AM
KUALA LUMPUR: Oil and gas firm Sumatec Resources Bhd's will miss its initial revenue target of RM1 billion by 2015 by a mile, with it only likely to be in sight in the next two to three years given the current low oil price scenario.
"We were in (bad...
AsiaBio diversifies into O&G transportation
www.thesundaily.my 28-Jan-2015 6:00 AM
KUALA LUMPUR: Asia Bioenergy Technologies Bhd's (AsiaBio) proposed venture into the oil and gas transportation industry, will see new shareholders, including Tan Sri Halim Saad-linked Sumatec Resources Bhd, hold a collective stake of more than 20% in...