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Rex issues oil production update for February

Felicia Tan
Felicia Tan • 2 min read
Rex issues oil production update for February
Shares in Rex International closed 0.2 cents lower or 1.2% down at 16.5 cents on March 9.
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Rex International Holding (SGX:5WH) , on March 9, announced the updates of its several subsidiaries for the month of February.

The company’s 91.81%-owned subsidiary, Masirah Oil Limited, reported gross oil production of an average of 5,515 stock tank barrels per day over 28 days from the Yumna Field in offshore Block 50 Oman.

Masirah Oil is the operator and holds a 100% interest in Block 50 Oman.

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