Stock REACH REACH ENERGY
Add to a list
To use this feature you must be a member
Log inSign up

Company Reach Energy

Equities

REACH

MYL5256OO002

Oil & Gas Exploration and Production

End-of-day quote BURSA MALAYSIA
Other stock markets
 06:00:00 2024-04-25 pm EDT 		5-day change 1st Jan Change
0.03 MYR 0.00% Intraday chart for Reach Energy 0.00% -25.00%
Apr. 23 Reach Energy Secures $6 Million Loan Facility from Singapore Fund MT
Feb. 29 Reach Energy Berhad Reports Earnings Results for the Full Year Ended December 31, 2023 CI

Business Summary

Reach Energy Berhad is a Malaysia-based oil and gas exploration and production (E&P) company. The Company is engaged in exploration, development, production and sales of oil and other petroleum products in the Republic of Kazakhstan. The Company operates through two segments: oil and gas, and investment holding. Its investment holding segment’s activity is to hold the investment in Emir-Oil Concession Block. The Emir-Oil Concession Block located in the Mangystau Oblast in the southwestern region of the Republic of Kazakhstan about 40 km northeast of the City of Aktau. The Company, through Emir-Oil LLP holds a total contract area of approximately 56.73 square kilometer (km2). The Emir-Oil Concession Block consists of several discovered oil fields and prospects, including six production contract areas, namely Kariman, Dolinnoe, Aksaz, Emir, North Kariman and Yessen.

Number of employees: 113

Sales per Business

MYR in Million2021Weight2022Weight Delta
Crude Oil
98.3 %
148 98.3 % 167 98.3 % +12.39%
Gas
1.7 %
3 1.7 % 3 1.7 % +16.40%

Sales per region

MYR in Million2021Weight2022Weight Delta
Kazakhstan
100.0 %
151 100.0 % 169 100.0 % +12.46%

Managers

Managers TitleAgeSince
Kim Hong Lee DFI
 Director of Finance/CFO - 23-08-13
Syed Salim bin Syed Abu Bakar COO
 Chief Operating Officer 67 12-12-31
Shiau Ruenn Ling PRN
 Corporate Officer/Principal 48 -
Bee Ling Chen SEC
 Corporate Secretary - -
Yit Chan Tai SEC
 Corporate Secretary - 23-07-13

Members of the board

Members of the board TitleAgeSince
Azmil Khalili bin Khalid BRD
 Director/Board Member 63 17-01-22
Hung Cheung CHM
 Chairman 55 23-03-28
Hiu Tung Chow BRD
 Director/Board Member 52 23-03-28
Encik Yusoff Bin Hassan BRD
 Director/Board Member 64 21-09-22
Man Yin Tse BRD
 Director/Board Member 31 23-03-28
Shu Shan Yau BRD
 Director/Board Member 47 23-06-19

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 2,128,987,057 690,493,201 ( 32.43 %) 0 32.43 %

Shareholders

NameEquities%Valuation
BOS Wealth Management Malaysia Berhad
0.0482 %
1,025,100 0.0482 % 5 413 RM

Company contact information

Reach Energy Bhd.

Solaris Dutamas No.1, Jalan Dutamas 1

50480, Kuala Lumpur

+

http://www.reachenergy.com.my
address Reach Energy(REACH)

Sector

Energy
Energy - Fossil Fuels
Oil & Gas
Oil & Gas Exploration and Production
Other Oil & Gas Exploration and Production

Sales per Business

Sales per region

Sector Other Oil & Gas Exploration and Production

1st Jan change Capi.
REACH ENERGY Stock Reach Energy
-25.00% 13.4M
CHEVRON CORPORATION Stock Chevron Corporation
+11.22% 306B
CONOCOPHILLIPS Stock ConocoPhillips
+12.21% 153B
CNOOC LIMITED Stock CNOOC Limited
+51.38% 124B
CANADIAN NATURAL RESOURCES LIMITED Stock Canadian Natural Resources Limited
+22.70% 83.43B
EOG RESOURCES, INC. Stock EOG Resources, Inc.
+12.20% 78.06B
PIONEER NATURAL RESOURCES COMPANY Stock Pioneer Natural Resources Company
+19.56% 62.81B
OCCIDENTAL PETROLEUM CORPORATION Stock Occidental Petroleum Corporation
+13.52% 60.08B
HESS CORPORATION Stock Hess Corporation
+12.74% 49.91B
DIAMONDBACK ENERGY, INC. Stock Diamondback Energy, Inc.
+33.97% 37.05B
Other Oil & Gas Exploration and Production
  1. Stock Market
  2. Equities
  3. REACH Stock
  4. Company Reach Energy