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Rex International Holding
Oil & Gas
Rex International joint venture company secures production sharing contract in West Africa
Rex says it plans to file a field development plan next year to restart oil production in Benin’s Sèmè Field.
December 22, 2023
Broker's Calls
Rex International Holding’s Yumna asset continues to underperform
Rex’s latest acquisition - the 17% stake in the Brasse Field has not been factored into the analysts’ financial model.
November 27, 2023
Oil & Gas
New discovery in Brage Field to add up to 1 million barrels of oil reserves net to Rex subsidiary Lime Petroleum
Shares in Rex closed 0.2 cents lower or 1.18% down at 16.7 cents on Oct 26.
October 27, 2023
Oil & Gas
Rex International says purchase price allocation caused discrepancy
Rex International announced that there were discrepancies between its audited and unaudited financial statements
March 24, 2023
Oil & Gas
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.
March 09, 2023
Oil & Gas
Rex's Lime Petroleum completes acquisition of 10% stake in Yme Field in Norway
The 10% stake was sold at a post-tax consideration of US$68.1 million ($91.9 million).
December 23, 2022
Oil & Gas
Rex International subsidiary acquires 40% stake in two North Sea licenses with two discoveries
The licenses come with the Iving and Evra discoveries and are located in the Utsira High area.
April 18, 2022
M&A
Rex International invests US$4 mil in drone company owned by controlling shareholders
Karl and Hans Lindgren, who hold 34.7% in Rex International, collectively own a 95% stake in the drone company.
July 06, 2021
SGX Research Series: 10 in 10
Rex International moves beyond oil exploration to production
Find out about Rex International, and how it is coping with the shifting energy market.
April 09, 2021
Billion Dollar Club 2020
United Global’s winning strategic relationships
United Global is the sector winner for Centurion Club: Applied Resources; Energy – Fossil Fuels; Mineral Resources.
December 11, 2020