Rex International Holding Ltd. ( (SG:5WH) ) has issued an announcement.
Rex International Holding Ltd has announced the completion of an independent summary qualified person’s report for its Norwegian assets, including the Yme, Brage, Bestla Fields, and the Lunde Discovery. The report, prepared by ABL Group Norway AS, updates previous assessments and highlights changes in reserves and contingent resources, particularly noting significant increases in oil reserves and contingent resources. This development could impact Rex International’s operational strategy and market positioning, potentially enhancing its value proposition to stakeholders.
More about Rex International Holding Ltd.
Rex International Holding Ltd is a Singapore-incorporated company operating in the oil and gas industry. The company, along with its subsidiaries, focuses on the exploration and production of oil resources, with significant interests in fields located in Norway.
YTD Price Performance: 38.84%
Average Trading Volume: 21,034,086
Technical Sentiment Consensus Rating: Sell
Current Market Cap: S$218.8M
See more data about 5WH stock on TipRanks’ Stock Analysis page.