5199 hibiscus 大红花石油投资。

大红花英国油田储存量值16.5亿

Sinchew Sat, Aug 25, 2018 - 2 days ago

（吉隆坡24日讯）大红花石油（HIBISCS,5199,主板工业产品组）英国南海Anasuria Cluster油田的油和天然气储存量，截至今年7月1日分别达2440万桶油（mmbls）和175亿立方尺，估值高达4亿零100万美元（约16亿4800万令吉）。

这项最新储存评估比较2016年3月1日的报告增加了20.8%。

大红花石油发文告表示，自收购A n a s u r i aCluster以来，该油田已经生产250桶油。

Hibiscus’ Anasuria Cluster has 24.4 mmbbls of oil reserves, 17.5 bscf of gas

TheEdge Fri, Aug 24, 2018 - 3 days ago

KUALA LUMPUR: An independent evaluation of Hibiscus Petroleum Bhd’s 50%-owned Anasuria Cluster off the North Sea in the UK has revealed an estimated 24.4 million barrels of oil reserves (mmbbls) and 17.5 billion standard cubic feet (bscf) of gas reserves.

In a bourse filing, Hibiscus said the evaluation was done by Leap Energy Partners Sdn Bhd, which was appointed by Hibiscus’ wholly-owned subsidiary Anasuria Hibiscus UK Ltd (Ahuk) on May 28 this year.

It said the result was based on July 1, the effective date.

Ahuk holds a 50% interest in the Anasuria Cluster, which is made up of Teal, Teal South and Guillemot fields, and a 19.3% interest in the Cook field.

Hibiscus Petroleum had previously disclosed 2P reserves of oil and gas net to Ahuk as of March 1, 2016 of 20.3 mmbbl and 14.2 bscf respectively, based on a reserves report issued in June 2016 prepared by RPS Energy Consultants Ltd.

Leap Energy’s economic valuation was based on net present value with a discount rate of 10%, a zero inflation rate (no yearly adjustment to capital expenditure and operational expenditure) for the projected cash flow of the Anasuria Cluster and other assumptions.

Leap Energy is an independent consultancy specialising in petroleum reservoir assessment and asset evaluation. The evaluation was supervised by its managing director Laurent Alessio.

Hibiscus rose to a six-month high to close four sen or 4.08% higher at RM1.02 yesterday, with a market capitalisation of RM1.62 billion

上图取自invesider:

a)简单计算，公司英国油田市值16.5亿马币，16.5亿/15.8亿股数=每股RM1.04 ,尚不包括马来西亚北沙巴油田资产与澳洲拥有的资产，保守估计此股价值RM1.50以上 ，目前公司产量大约为8500桶/天。
b)大红花石油是油气业的上游公司，该公司直接拥有2座油田，一座是英国北海油田，沙巴油田是去年从沙巴蚬売手中买下。
大红花石油拥有两座油田的50%股权，国际石油价格目前站在每桶70美元以上，大红花石油未来数个季度的盈利预料将保持强劲势头。

个人分享，買卖自负。

c)1:现(28-08-2018)brent为77 usd 计： 
8500x360x7.7x4.10=马币96.6m 
96.6m (净利) ÷ 1.58b(股数)=6.1sen(eps) 
取Pe=20 ,股价=RM1.22 
以上取油价的10%赚副计，某投行取赚副25%计。
2:如取20%赚副计，其股价=RM2.44
注：以上是目前油价计，未來产量提高与油价上升其净利可提高。 
d)hibiscus的内在价值是油田的存量与开采期，可稳定贡献未来收益。很好的一支股，无任何负债。
注：根据2015年时的估算, 沙巴北部的2P石油储备资源还蕴藏大约6,200万桶石油, 
2C应急石油储备资源也蕴藏著大约7,900万桶石油.

Hibiscus 5199 沙巴北部的合约，这无疑会是一个转变，

因为PSC项目将为公司带来长期生产权，直到2040年。
公司可开采年达：anasuria 20年，
NS 22年。内在价值好。

只是参考。