Latest Forum Topics /
Rex Intl
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Special Dividend May Be Incoming
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Wind22i
Supreme |
21-Dec-2023 11:16
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Looks like still in play? | ||||
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spec008
Veteran |
20-Dec-2023 23:23
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Lets see...
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wehuattogether88
Supreme |
20-Dec-2023 20:44
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Cleared 0.18 and REX on uptrends, not surprised that it might revisit 0.186 level and beyond. | ||||
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Battle123
Elite |
20-Dec-2023 17:00
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I think also need go over Seatrium side to do some cheerleading, see how can fly like T rex a not..
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boyboy61
Supreme |
20-Dec-2023 16:48
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18 cleared........
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Battle123
Elite |
20-Dec-2023 16:40
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Incredible performance.... quite fast wanna touching 180
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boyboy61
Supreme |
20-Dec-2023 16:37
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17.8 already........18 coming soon | ||||
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FrancisLim
Elite |
20-Dec-2023 11:34
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Oman gas field - is the Elephant in the Room.  What the cost of abandoning this field which is continuously encountering operational issues and stoppages?  So much for the oilfinding technology.   |
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CoolAngler
Senior |
20-Dec-2023 10:06
Yells: "Sky's The Limit!" |
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12150  boepd in November (Over 30% Higher than Octbober 9018 boepd) was excluding Oman which has resumed production on 10 December.. Would expect Higher production above 13,000 boepd in December moving forward.. Looking forward to 20s handle soon... Cheers |
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wehuattogether88
Supreme |
20-Dec-2023 10:01
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Not much impact on REX share price on the latest announcement, maybe need more catalyst news to stir UP the share price of REX
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FrancisLim
Elite |
20-Dec-2023 09:25
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Its 100 per cent owned Oman oil field, still encountered operational problem and the issue was only fixed on 25th November 2023. This oilfield, basically either exhausted or getting more difficult in the extraction. The other 2 fields which the Co equity invested in - in Norway showing increasing production. The Co could consider reducing its admin and mgt expenses as they are just reaping from equity investments.  The Oman oil field ia a problem.   |
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cltlighter
Senior |
20-Dec-2023 08:08
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Last month Rex declared first time reached 10000 barrels of oil equivalent per day (boepd) in October production update. In November, it has increased more than 20 percents to 12150 boepd.
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hschsc
Master |
20-Dec-2023 07:36
Yells: "Invest in financially healthy companies" |
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Not so productive.
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cltlighter
Senior |
20-Dec-2023 06:56
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Many positive news recently. Rex keeps increasing production output. Next month will be higher as Yumna Field has resumed production. Oil price still stay high and may even higher. Vested. Huat ah.
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Battle123
Elite |
20-Dec-2023 00:27
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Shld not out lah , got chance go 175> touch  180 Dyodd
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commando
Master |
19-Dec-2023 20:54
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Beautiful....patience is the key
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JanN@70
Member |
19-Dec-2023 18:27
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Norway Production &ndash November 2023 and Oman Update SINGAPORE, 19 December 2023 &ndash Rex International Holding Limited (&ldquo Rex International Holding&rdquo , &ldquo Rex&rdquo or the &ldquo Company&rdquo , and together with its subsidiaries, the &ldquo Group&rdquo ), a technology-driven oil exploration and production company, refers to the press release dated 19 December 2023 by its 91.65 per cent subsidiary, Lime Petroleum AS, which announced the following: &ldquo Lime Petroleum AS (&ldquo LPA&rdquo ) is pleased to announce that for the full month of November 2023, production at the Brage and Yme Fields combined, net to LPA, crossed the milestone of 10,000 barrels of oil equivalent per day (boepd), at 12,150 boepd. Brage Field: LPA holds a 33.8434 per cent interest in the Brage Field. The operator of the Brage Field is OKEA ASA. A new producer well was started on 4 November 2023. Yme Field: LPA holds a 10 per cent interest in the Yme Field. The operator of the Yme Field is Repsol Norge AS. Only oil is sold from the Yme Field as the produced gas is being used for production operations and re-injected into the reservoirs for improved oil recovery.&rdquo The Group also refers to the press release issued on 19 December 2023 by its 91.81 per cent subsidiary, Masirah Oil Limited, which announced the following: &ldquo Muscat, 19 December 2023: Masirah Oil Limited (&ldquo MOL&rdquo ) today announced that production from the Yumna Field had resumed on 10 December 2023. Production had been shut in from 25 October 2023, due to damage to the internal pressure containing liner of the newly installed larger flowline, compromising the integrity of the flowline. A replacement flowline has been installed and production from the field restarted. MOL is the Operator and holds a 100 per cent interest in Block 50 Oman.&rdquo Production in November 2023 totalled 12,150 boepd. |
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moneynoenough
Senior |
19-Dec-2023 17:19
Yells: "ikan bilis " |
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Red Sea shipping starts shutting down from attacks, sending freight and energy prices surging" ..But Goldman Sachs said the disruption to energy flows in the Red Sea is unlikely to have large effects on crude and LNG prices as vessels can be redirected. &ldquo We do estimate that a hypothetical prolonged redirection of all 7 million barrels per day of gross (Northbound and Southbound) oil flows would raise spot crude prices relative to long-dated prices by US$3-4/per barrel,&rdquo the investment bank said. An Asian buyer of naphtha, a petrochemical feedstock imported from Europe, said their vessels were still using the Red Sea route as it would take another 7-14 days to re-route via the Cape of Good Hope. BLOOMBERG, REUTERS.." https://www.straitstimes.com/business/houthi-attacks-start-shutting-down-red-sea-shipping-sending-freight-and-energy-prices-surging |
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Stocky901
Supreme |
19-Dec-2023 12:48
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I out 174 liao. Oil futures like no power.. 😯 😯
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Damnshiok
Master |
18-Dec-2023 21:32
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Wah, you ganna burnt crypto still not scare and now play with oil ah? Oil burnt faster than crypt and hope you got sufficient extinguisher.... I think play medical safer lah, I heard some masks are fire proof!!!
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