Rex International Holding Ltd. (SG:5WH) has released an update.
Rex International Holding’s subsidiary Masirah Oil has successfully completed its multi-well development program in the Yumna Field, Oman, ahead of schedule and under budget. The Yumna-5 well began production in April, contributing to the optimization of the field’s output, with further enhancements planned post-monsoon season. The company is now focusing on increasing the field’s water and oil production capacity later in the year.
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