2 Followers KLSE:1201 - Sumatec Resources Bhd Sumatec Resources Bhd
Sector: Energy, Industry: Oil & Gas Exploration & Production
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MYR 0.005    +0.0 (+0%)

24 Mar 2022


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General

Description

Sumatec Resources Bhd is a Malaysia based investment holding company engaged in the business of upstream oil and gas operation. The company operates in the segment of the Management and oversight of the oil production operations at the Rakushechnoye Oil and Gas Field in Kazakhstan. It also provides study, design and planning of an integrated natural gas monetisation programme in preparation of the exploitation of the gas/condensate in accordance to a detailed full field geological and geophysical study of the entire oil/gas concession area. The oilfield operation and oil sales primarily contribute to the group's revenue. The geographical segments of the group are Malaysia and Kazakhstan; of which major revenue is generated within Malaysia.

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