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Rex International Holding Ltd. ( (SG:5WH) ) has shared an update.
Rex International Holding Ltd. reported a total production of 13,036 barrels of oil equivalent per day (boepd) from its operations in Norway and Oman for December 2024. The production in Norway, managed by subsidiary Lime Petroleum AS, saw a stable output from the Brage and Yme Fields, while the produced gas from Yme is used for operational purposes, indicating operational stability and ongoing efforts to enhance oil recovery. This steady production performance reflects Rex’s robust operational capabilities and may influence its market position positively.
More about Rex International Holding Ltd.
Rex International Holding Ltd. is a technology-driven oil exploration and production company. The company, along with its subsidiaries, focuses on oil production activities primarily in regions such as Norway and Oman.
YTD Price Performance: 6.67%
Average Trading Volume: 15,150,775
Technical Sentiment Consensus Rating: Buy
Current Market Cap: S$166.7M
Find detailed analytics on 5WH stock on TipRanks’ Stock Analysis page.
