Operations

Novus Oilfield Blocks

About Novus

In 2025, facing the challenging landscape of persistent volatile and declining international crude oil prices, construction restrictions due to spring thaw “road bans”, and limited external financing channels, Novus, under the premise of ensuring safety and compliance, relied solely on its own funds to orchestrate and scientifically arrange production plans. It continuously optimised production and operating expenditure, and efficiently organised production operation to effectively enhance operational efficiency.

Financial highlights

For the year ended 31 Dec 2025 2024
Sales Volume of Oil and Gas (BOE) 542,000 843,000
Revenue (HKD’000) 186,175 331,333
Operating Profit (HKD’000) (68,040) (4,300)


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