Welcome!
Rex International
Broker's Calls
Expect significant cash flow and multiple catalysts for Rex International in 2H
A positive outlook ahead for Rex International
July 24, 2020
Company in the news
Rex International gets Oman approval to fully develop oilfield
Rex International has announced that the field development plan for the Yumna Field has been approved by Oman’s Ministry of Oil and Gas on July 12.
July 17, 2020
Commodities
Despite slow recovery, some locally listed O&M players outperform STI
SINGAPORE (Dec 2): Year to date, the Straits Times Index has climbed 4.8% to close at 3,215.53 points on Nov 27. But more than a handful of the locally listed companies that operate across the oil and gas (O&G) value chain have outperformed the benchmark
November 29, 2019
Markets
IMF cuts global GDP forecast; Rex shares spike on oil discovery
SINGAPORE (Oct 21): Although the ongoing trade war between the US and China has offered glimpses of optimism, the global economy remains largely fractured and shows signs of sinking deeper into the doldrums.
October 18, 2019
M&A
Rex International divesting stakes in Norway assets for up to US$43 mil; stock rises 14.8%
SINGAPORE (Jan 28): Rex International announced on Monday it is divesting its stakes in two Norway assets through its 90%-owned subsidiary Lime Petroleum.
January 28, 2019
M&A
Rex divests entire stake in Steeldrum Oil Company for $2 mil
SINGAPORE (July 16): Rex International says that its indirect wholly-owned subsidiary, Rex Caribbean Holding Limited (BVI) and the other shareholders in Steeldrum Oil Company will be divesting their respective stakes in Steeldrum to Columbus Energy (St Lu
July 16, 2018
M&A
Rex's Lime Petroleum wins new offshore licence in Norway
SINGAPORE (Jan 18): Rex International, the tech-driven oil exploration company, announced its 87.84% subsidiary, Lime Petroleum AS, has won a new offshore licence in Norway.
January 18, 2018
Isle of Man Court orders immediate winding up of Lime Petroleum
SINGAPORE (July 4): An Isle of Man Court had ordered the immediate winding up of Lime Petroleum last Thursday, according to an announcement by Rex International on Monday.
July 04, 2016