CapAllianz Holdings Reports Decrease in Oil and Gas Reserves in Thailand
CapAllianz Holdings Limited (SG:594) announced a decrease in oil and gas reserves in Thailand following a reserve evaluation report by Chapman Hydrogen and Petroleum Engineering Ltd. The report, compliant with the Petroleum Resources Management System, indicates reduced estimates as of June 30, 2025, potentially affecting the company's operational strategies and stakeholder interests. CapAllianz, based in Singapore, holds a 20% working interest in onshore oil concessions in the Phetchabun Basin, with a current market cap of S$18.41M.
An announcement from CapAllianz Holdings Limited ( (SG:594) ) is now available.
CapAllianz Holdings Limited announced the completion of a reserve and economic evaluation report for its oil properties in the Phetchabun Basin, Thailand, conducted by Chapman Hydrogen and Petroleum Engineering Ltd. The report, prepared in accordance with the Petroleum Resources Management System, reveals a decrease in both oil and gas reserves estimates as of June 30, 2025, which may impact the company’s operational strategies and stakeholder interests.
More about CapAllianz Holdings Limited
CapAllianz Holdings Limited, incorporated in Singapore, operates in the oil and gas industry. The company holds a 20% working interest in onshore oil concessions located in the Phetchabun Basin, Thailand.
Current Market Cap: S$18.41M
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