RH Petrogas Limited (T13) said on Feb, 20 2026 that it expects to post a net loss for the three months ended Dec, 31 2025, reversing a profit in the same period a year earlier.

The projected deficit is mainly due to the write-off of about 4.7 million Singapore dollars in exploration and evaluation costs linked to the unsuccessful Karim-1 well in the Kepala Burung Production Sharing Contract.

Despite the anticipated loss for the fourth quarter—alongside an earlier flagged loss for the quarter ended Sep, 30 2025, when the company wrote off roughly 7.5 million Singapore dollars related to a 3D seismic survey—RH Petrogas said it still expects to remain profitable for the full year to Dec, 31 2025. It also anticipates positive EBITDAX and net operating cash flow for both the fourth quarter and the full-year period.

The oil and gas explorer plans to spud the Northwest Klagagi-1 exploration well around the end of the first quarter of 2026 as part of its firm work commitments in the Kepala Burung PSC.

The company will release its unaudited results for the fourth quarter and full year on or before Mar, 1 2026. RH Petrogas advised shareholders and investors to exercise caution when trading its shares.