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Rex International Holding Ltd. ( (SG:5WH) ) has issued an announcement.
Rex International Holding has released an independent summary qualified person’s report for the Yumna Field in Block 50 Oman, prepared by Exceed Torridon Limited as part of its ongoing reserves and resources disclosure obligations to the Singapore Exchange. The latest report updates previous in-house and independent assessments to 31 December 2025, reflecting an enhanced development plan that includes additional wells to drain the field more effectively. According to the extract provided, the company reports changes in Yumna’s reserves attributable to Masirah Oil Limited and, by extension, Rex’s 87.5% net entitlement, with the adjustments driven by ongoing production, maturation of reserves and updated volumetric modelling, underscoring a more refined view of the asset’s remaining potential.
The most recent analyst rating on (SG:5WH) stock is a Hold with a S$0.14 price target. To see the full list of analyst forecasts on Rex International Holding Ltd. stock, see the SG:5WH Stock Forecast page.
More about Rex International Holding Ltd.
Rex International Holding Ltd is a Singapore-incorporated oil and gas exploration and production company with a focus on offshore assets. Through its subsidiary Masirah Oil Limited, in which it holds an indirect 87.5% interest, the Group operates the Yumna Field in Block 50 offshore Oman, producing Masirah crude for sale into international markets.
Average Trading Volume: 12,396,907
Technical Sentiment Signal: Sell
Current Market Cap: S$192.7M
For an in-depth examination of 5WH stock, go to TipRanks’ Overview page.