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Rex International Holding Ltd. ( (SG:5WH) ) just unveiled an announcement.
Rex International Holding Ltd. reported a total production of 11,897 barrels of oil equivalent per day (boepd) from its operations in Norway and Oman for March 2025. Lime Petroleum AS, a subsidiary of Rex, announced that its net production from the Brage and Yme Fields in Norway was 9,743 boepd. The Yme Field’s gas is used for production operations and re-injected for improved oil recovery. The announcement indicates ongoing drilling operations and highlights the company’s active engagement in managing production challenges, such as scheduled and unscheduled shut-ins.
More about Rex International Holding Ltd.
Rex International Holding Ltd. is a technology-driven oil exploration and production company. The company focuses on exploring and producing oil in regions like Norway and Oman, leveraging advanced technology to enhance its operations.
YTD Price Performance: -21.67%
Average Trading Volume: 27,786,264
Technical Sentiment Signal: Strong Buy
Current Market Cap: S$122.4M
For a thorough assessment of 5WH stock, go to TipRanks’ Stock Analysis page.
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