Rex International’s oil production falls 8.5% m-o-m in August

Ashley Lo09-11

According to the group, production totalled 11,631 barrels of oil equivalent per day in August, down 8.54% m-o-m.Catalist-listed oil exploration and production company Rex International Holdings has ...

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This is down from 9,282 boepd in July.\nCurrently, LPA holds a 33.84% and 10% interest in Brage field and Yme field respectively. The operator of the Brage Field is OKEA ASA, while Repsol Norge AS operates Yme field. \nLPA adds: “For both fields, there were scheduled and unscheduled shut-ins for well intervention, as well as other maintenance and technical well management and testing activities that were in the ordinary course of operations during the month.”\nIn a separate announcement, another Rex subsidiary, Masirah Oil Limited, says gross production from its Yumna Field in offshore Block 50 Oman amounted to an average of 2,973 stock tank barrels per day (stb/d) over the month’s 31-day production period. This is down from an average of 3,435 stb/d in July.\nMOL is the operator and holds a 100% stake in Block 50 Oman.\nShares in Rex International closed 0.2 cents higher, or up 2.11%, at 9.7 cents on Sept 11.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2466690062"}