Hibiscus Petroleum Buys Into Kitan Oil Field

Hibiscus Petroleum Berhad informed that its wholly-owned subsidiary, Timor Hibiscus Limited, has executed a Share Sale Agreement for the acquisition of 100% of the shares in Talisman Resources Pty Ltd, a wholly-owned subsidiary of Talisman Energy Inc. The assets of the company acquired include a 25% stake in the Kitan producing oil field. Based on […]