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Rex International Releases Competent Person’s Report on German Oil Licenses

Story Highlights
  • Rex International operates in the oil and gas industry, focusing on exploration and production.
  • An independent report on German oil licenses may impact Rex’s strategic positioning.
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Rex International Releases Competent Person’s Report on German Oil Licenses

Elevate Your Investing Strategy:

Rex International Holding Ltd. ( (SG:5WH) ) has issued an announcement.

Rex International Holding Ltd. has announced the completion of an independent competent person’s report (CPR) for seven oil licenses in Germany, owned by its subsidiary Lime Resources Germany GmbH. This report, prepared by Sproule ERCE, is part of the company’s compliance with the Singapore Exchange’s disclosure requirements. The CPR details the reserves and resources of these licenses, which are significant for Rex’s strategic positioning in the oil and gas sector, potentially impacting its operational and financial outlook.

More about Rex International Holding Ltd.

Rex International Holding Ltd. is a Singapore-based company engaged in the oil and gas industry. The company, along with its subsidiaries, focuses on the exploration and production of oil resources, primarily operating in various international markets.

Average Trading Volume: 29,180,442

Technical Sentiment Signal: Buy

Current Market Cap: S$182.3M

For detailed information about 5WH stock, go to TipRanks’ Stock Analysis page.

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