RGC is issued by Success Plus Global Limited (“Issuer“), which wholly-owned subsidiary is the contractor and operator of Kongnan Block oil fields with a combined total area of 31.29 km2 in the PRC (“Project“), which has proved and probable reserves of about 3.1 million barrels (MMbbl) and 4.7 MMbbl respectively as at 31 December 2021. For the two years ended 31 December 2021, the Issuer group had total gross oil production of 482,563 barrels (Bbls) and 469,554 Bbls respectively, representing an increase of approximately 2.8%, while net production entitlement to the Issuer group has increased approximately 32% from 275,195 Bbls...