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Revisions

Rex International aims for higher revenue in 2018

Commodities

Rex International aims for higher revenue in 2018

Samantha Chiew Published on Thu, Dec 07, 2017 / 1:05 PM GMT+8

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SINGAPORE (Dec 7): Rex International Holding, the oil exploration and production company, is aiming for higher revenue from 2018 and beyond.

In a filing on Thursday, the group shared how it intends to create value for its key assets in Norway and Oman as well as its propriety Rex Virtual Drilling (RVD) technology.

In 1H18, an appraisal well is to be spudded in the Edvard Grieg South (Rolvsnes) prospect in Norway to better understand the reservoir.

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