Rex International Updates October Production From Oman, Norway, Germany

MT Newswires11-12

Rex International (SGX:5WH) reported a total production of 9,286 barrels of oil equivalent per day (boepd) from Norway, Oman and Germany in October, according to an after-market filing with the Singapore Exchange on Wednesday.

Year-to-date production of its subsidiary Lime Petroleum averaged 7,943 boepd at the Brage and Yme fields combined.

For its other subsidiary, Masirah Oil, gross production during October at the Yumna Field in offshore Block 50 Oman averaged 1,287 stock tank barrels per day. Masirah Oil has a 100% stake in Block 50 Oman.

Meanwhile, Rex International's Germany-based subsidiary, Lime Resources Germany, reported production of 56 barrels of oil per day from two wells in Schwarzbach and Lauben fields.

Shares of the company were up nearly 2% in Wednesday trading.

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