RH Petrogas Limited ("RHP") is engaged in exploration, development and production of oil and gas resources. RHP's first oil and gas project is a Production Sharing Contract ("PSC") with China National Petroleum Corporation to jointly develop and produce hydrocarbon resources in Fuyu 1 Block in the Songliao Basin, Jilin Province, the PRC.
In West Papua, Indonesia, RHP has a total of 60 percent of the Basin PSC and 33.2 percent of the Island PSC. The Basin & Island PSCs are two contiguous blocks located in the 'Birds Head' area of West Papua, Indonesia, occupying a total area of approximately 2,000 sq km onshore and offshore and has a net production of 4600 boepd.
These projects provide an excellent platform for the Group to expand into the robust Asian oil and gas market. The Group is continuing to explore more opportunities to strengthen its position in the energy sector.
RHP aspires to be a leading independent oil and gas company in the region.
TAN SRI DATUK SIR TIONG HIEW KING was appointed Executive Director and Executive Chairman of the Company on 13 March 2008. He is a businessman and is the Executive Chairman and Managing Director of the Rimbunan Hijau Group of Companies, a large diversified conglomerate in Malaysia with extensive businesses around the world which he founded and built up over the years.
Tan Sri Datuk Sir Tiong has vast and extensive experience in a number of industries, including timber, oil palm plantations and mills, oil and gas, media and publishing, mining, fishery, information technology and manufacturing. Currently, he is also the Non-executive Director of Media Chinese International Limited ("Media Chinese"), a media company publicly listed in both Hong Kong and Malaysia, a Non-executive Director of One Media Group Limited, a subsidiary of Media Chinese, which is listed in Hong Kong, and an Executive Director of Rimbunan Sawit Berhad, a publicly listed palm oil company in Malaysia. He also holds directorships in many other companies around the world.
Tan Sri Datuk Sir Tiong was bestowed the Knight Commander of the Most Excellent Order of the British Empire (K.B.E.) by Queen Elizabeth II of the United Kingdom in June 2009 in recognition of his contribution to commerce, community and charitable organisations. In 2010, he was awarded the "Malaysia Business Leadership Award 2010 - The Lifetime Achievement Award" by Kuala Lumpur Malay Chamber of Commerce in recognition of his entrepreneurship achievements and contribution to the country.
DATO' SRI DR TIONG IK KING, who had been a Non-Executive Director since 7 March 1997 and Non-Executive Chairman since 31 March 2005, was re-designated as Executive Director on 13 March 2008. On 2 March 2017, he was re-designated as a Non-Executive and Non-Independent Director and on 29 March 2018, he was appointed as Deputy Chairman. He graduated with a M.B.B.S Degree from National University of Singapore in 1975 and attained M.R.C.P. from the UK Royal College of Physicians, United Kingdom, in 1977.
Dato' Sri Dr Tiong is the Non-executive Chairman of Media Chinese International Limited, a publicly listed media company in both Hong Kong and Malaysia, which publishes 5 Chinese-language newspapers and over 30 magazines in key cities in North America, Southeast Asia, and China. He also sits on the board of Jaya Tiasa Holdings Berhad, a publicly listed timber and oil palm plantation company in Malaysia.
MR CHANG CHENG-HSING FRANCIS was appointed as Group CEO and Executive Director effective 1 January 2014. Previously, Mr Chang held the position of Vice President of Exploration & Production of the Group. Prior to RH Petrogas, he also held management and executive positions with GNT International Group, Texas American Resources and Kerr McGee/Anadarko Petroleum. Mr Chang's over 40 years of experience with US based majors and independent oil companies spans many producing basins in five continents.
Mr Chang holds a Bachelor of Science degree in Geology from National Taiwan University. He also attended graduate school in Geophysics at Harvard University majoring in Geophysics. He is a member of American Association of Petroleum Geologists ("AAPG"), Southeast Asia Petroleum Exploration Society ("SEAPEX"), and Indonesian Petroleum Association ("IPA").
Mr Tiong Kiong King was appointed as a Non-Executive and Non-Independent Director of the Company on 15 September 2016. Mr Tiong is a businessman and has over 50 years of managerial experience in the timber industry. His extensive expertise and experience in the timber industry extends over various capacities from the upstream to the downstream segments, and across a number of jurisdictions such as: Africa, Brazil, China, Indonesia, Malaysia, New Zealand, Papua New Guinea, Russia and Solomon Islands.
Mr Tiong is currently Chairman of the Board and member of the Nomination and Remuneration Committees of Subur Tiasa Holdings Berhad, and Vice Chairman of the Board as well as Chairman of the Remuneration Committee and member of the Audit and Nomination Committees of Rimbunan Sawit Berhad, two companies listed in Bursa Malaysia. In addition, he is an Executive Director of the Rimbunan Hijau Group of Companies, a conglomerate with diverse interests in mining, oil & gas, aquaculture, hotel & tourism, insurance and etc.
Mr Tiong also holds key posts in several non-government organisations, including being the Life Honorary President of Sibu Chinese Chamber of Commerce and Industry, Vice President of World Federation of Fuzhou Association Limited, Life Honorary President of Persekutuan Persatuan-Persatuan Foochow Sarawak, Honorary Chairman of the World Zhang Clan Association Limited and Chairman of Persatuan Klan Zhang Negeri Sarawak.
MR ABBASBHOY HAIDER NAKHODA was appointed as an Independent Director on 17 June 1997. He is the Chairman of the Audit Committee and a member of the Nominating and Remuneration Committees.
Mr Nakhoda has more than 35 years of experience as a Certified Public Accountant, having been a partner of Ernst & Young since 1974 and its Managing Partner from 1989 until his retirement in 1996. He holds a degree in Economics from the London School of Economics and is presently a Life member of the Singapore Institute of Directors, a Life member of the Institute of Certified Public Accountants in Singapore and a Life member of the Institute of Chartered Accountants in England and Wales.
MR YEO YUN SENG BERNARD was appointed as an Independent Director on 1 November 2001. He is the Chairman of the Remuneration Committee and a member of the Audit and Nominating Committees.
Currently, Mr Yeo is the principal partner of HT & BY Financial Management Consultants. He is an Independent Director of Sin Heng Heavy Machinery Limited, a Singapore listed company and Chairman of its Audit Committee and member of its Remuneration Committee. On 1 August 2013, he was appointed as an Independent Director of MFS Technology Ltd and is the Chairman of its Audit Committee and member of its Remuneration and Nomination Committees.
Mr Yeo is a director of SHRI Academy Pte Ltd and SHRI Corporation Pte Ltd. He is a fellow of SHRI and a fellow member of the Association of Chartered Certified Accountants and was until 1 March 2011, a council member of SHRI. An accountant by profession, he was Director of Finance and Strategic Investment at Compaq Computers Asia Pacific Pte Ltd.
MR LEE HOCK LYE was appointed as an Independent Director on 27 November 2003. He is Chairman of the Nominating Committee and a member of the Audit and Remuneration Committees.
Currently, Mr Lee is Business Advisor at Lombard Odier (Singapore) Ltd. He has extensive experience in banking and finance and had held several senior positions with HSBC Group in Singapore, where he spent more than 30 years prior to his retirement.
Mr Lee holds a Bachelor of Social Sciences (Honours) degree in Economics from the University of Singapore and is an Associate of the Chartered Institute of Bankers, London.
MR ACHMAD LUKMAN KARTANEGARA was appointed as an Independent Director on 22 August 2014. He is a member of the Nominating Committee and the Audit Committee.
Mr Kartanegara has more than 40 years of experience in the upstream oil and gas industry. Since 1976, he has held various management and advisory roles at PT Pertamina (Persero) ("Pertamina"), including being the Corporate Senior Advisor to the President Director and CEO of Pertamina for the upstream business. He was also Senior Advisor to Pertamina Board of Commissioners (BOC) Office. During his appointment in Pertamina BOC, he served as a member of the Investment and Business Risk Committee and Risk Management Oversight Committee.
Mr Kartanegara graduated in Geology from the Bandung Institute of Technology in Indonesia in 1976.