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Rex International Reports February 2025 Production Update

Story Highlights
  • Rex International’s February 2025 production from Norway and Oman was 11,310 boepd.
  • Lime Petroleum’s Brage and Yme Fields contributed 8,994 boepd, with ongoing drilling at Brage.
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Rex International Reports February 2025 Production Update

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

Rex International Holding Ltd. announced that their total production in February 2025 from Norway and Oman was 11,310 barrels of oil equivalent per day (boepd). Lime Petroleum AS, a subsidiary of Rex, reported that the Brage and Yme Fields in Norway contributed 8,994 boepd to this total. The Brage Field, operated by OKEA ASA, and the Yme Field, operated by Repsol Norge AS, experienced both scheduled and unscheduled shut-ins as part of regular operations. The Yme Field’s gas is used for production operations and re-injected for improved oil recovery, while drilling operations continue at the Brage Field.

More about Rex International Holding Ltd.

Rex International Holding Ltd. is a technology-driven oil exploration and production company. The company focuses on oil production activities primarily in Norway and Oman.

YTD Price Performance: 19.01%

Average Trading Volume: 23,547,559

Technical Sentiment Consensus Rating: Hold

Current Market Cap: S$187.5M

See more data about 5WH stock on TipRanks’ Stock Analysis page.

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