Latest Forum Topics /
Rex Intl
Last:0.068
-0.001
|
|
|
Rex revival
|
|||||
|
GreenUP
Senior |
14-Feb-2021 22:31
|
||||
|
x 0
x 0 Alert Admin |
More upside tomorrow. TP 190. | ||||
| Useful To Me Not Useful To Me | |||||
|
easywin
Supreme |
14-Feb-2021 11:36
|
||||
|
x 0
x 0 Alert Admin |
Tomorrow opening price no doubt will be high, but... how high? Congratulations to all and Huat big in the beginning of the year of Ox   | ||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
kt3152
Supreme |
13-Feb-2021 13:02
|
||||
|
x 0
x 0 Alert Admin |
Monday open up and break 180 for all. Huat arh...
|
||||
| Useful To Me Not Useful To Me | |||||
|
benjidog
Supreme |
12-Feb-2021 14:06
|
||||
|
x 0
x 0 Alert Admin |
This is why more then 1 month ago ....I have saying wildcat ....wildcat....wildcat. That wildcat is the "aim zhun zhun" whack 1 time and hit oil 🛢 ️ ...if find multi million oil reserves....Rex become dollar company. Niu year huat ah.... to everyone. Huat huat huat !!! | ||||
| Useful To Me Not Useful To Me | |||||
|
MtFaber
Senior |
12-Feb-2021 10:40
|
||||
|
x 0
x 0 Alert Admin |
This is the actual report: SINGAPORE &ndash Rex International Holding has issued the findings of a report by RPS Energy Consultants on block 50 offshore Oman.This estimates 2P reserves at the producing Yumna field at 9.6 MMbbl as of July 1, 2020. Surrounding areas, however, could contain more than 152 MMbbl in 14 further prospects identified by a 1,500-sq km (579-sq mi) 3D seismic survey over the area around Yumna. In February 2012, a report by Aker Geo and Pareto Asia over the entire block had calculated gross unrisked prospective resources at more than 4 Bbbl. Rex&rsquo s 86.37%-owned subsidiary, Masirah Oil operates block 50 with a 100% interest. Dan Broströ m, Rex&rsquo s executive chairman, said: &ldquo The Yumna field is only a small part of the entire block 50 concession, which is about 17,000 sq km [6,564 sq mi]&hellip the license&rsquo s full potential, including in the sub-Melange area outside of the Yumna field, has not been evaluated in this [RPS] report. 10/28/2020  
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
SAVIORFOREVER
Supreme |
11-Feb-2021 23:07
|
||||
|
x 0
x 0 Alert Admin |
Sure? Oil reserves is 152.3 and not 9.6?
This is what I know unless you have something different. https://ibb.co/92By2gt Trade with awareness and DYODD
|
||||
| Useful To Me Not Useful To Me | |||||
|
newbie19
Supreme |
11-Feb-2021 21:43
|
||||
|
x 0
x 0 Alert Admin |
Happy Lunar New Year to everyone here.. May Niu year brings good health not forgetting HUAT all the way to the banks..😁 | ||||
| Useful To Me Not Useful To Me | |||||
|
Share7
Veteran |
11-Feb-2021 20:43
|
||||
|
x 0
x 0 Alert Admin |
Thanks for the clarification. Hopefully FY2020 AR will demarcate the oil reserves & expert opinions/survey clearly. If not, will query Rex Chairman. Or the next Analyst Report, if any, will clarify this. As oil demand is projected to recover to pre-crisis level by end 2022, the oil reserves data will be critical in assessing Rex' s prospect beyond 2022.  Happy New Year to all Rex holders and traders. May you huat big to the bank!!
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
blesskeemun
Master |
11-Feb-2021 18:40
|
||||
|
x 0
x 0 Alert Admin |
Correction. Yumna 1, 2 and 3 have estimated 152.3mil barrels of oil reserve. It will ONLY Completed deplete by 17.3 years based on 24,000 barrels per day production. | ||||
| Useful To Me Not Useful To Me | |||||
|
MtFaber
Senior |
11-Feb-2021 18:00
|
||||
|
x 0
x 0 Alert Admin |
According to a Qualified Person&rsquo s Report done by oil services company AkerGeo in 2011, the prospective resources found in Yumna could only represent 0.5% of the total prospective resources in Block 50 Oman.
|
||||
| Useful To Me Not Useful To Me | |||||
|
blesskeemun
Master |
11-Feb-2021 17:53
|
||||
|
x 0
x 0 Alert Admin |
Yumna 1, 2 and 3 have mean reserve of 18.7 mil barrels, based on 24,000 barrels day (Yumna 1,2 and 3 with 8k/d). It will complete depleted in 2.1 years. Block 50 has estimated 4 Billions barrels based on Qualified Professional Report by Aker Geo. It will complete depleted in 462 years. If based on 24,000 barrels per day. Can keep REX for next 4 centuries. | ||||
| Useful To Me Not Useful To Me | |||||
|
blesskeemun
Master |
11-Feb-2021 17:18
|
||||
|
x 0
x 0 Alert Admin |
65% of Oman Exploration and development is recoverable. Currently sitting with cost pool of US$100mil. 78% of Norway Exploration and development is recoverable thru tax refund. Huat Lah. | ||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
SAVIORFOREVER
Supreme |
11-Feb-2021 12:22
|
||||
|
x 0
x 0 Alert Admin |
You're right.
Rex is going to empty the current reserves in a very short time. Trade with prospects and DYODD
|
||||
| Useful To Me Not Useful To Me | |||||
|
MtFaber
Senior |
11-Feb-2021 12:19
|
||||
|
x 0
x 0 Alert Admin |
When Yumna 3 starts production, Rex is preparing to handle 30,000 barrels per day - according to Rex Executive Chairman
|
||||
| Useful To Me Not Useful To Me | |||||
|
Share7
Veteran |
11-Feb-2021 11:38
|
||||
|
x 0
x 0 Alert Admin |
Result should be out end of the month. That' s the real thing? THAT' S THE PAST!! Investment 101, share market is forward looking, at least look 6 mths ahead.  What will be Rex' s financials like in Aug 2021 when it reports 1H FY21. Then invest like FD, don' t go in and out, stressful and enriches your remisier or trading house.    
|
||||
| Useful To Me Not Useful To Me | |||||
|
SAVIORFOREVER
Supreme |
11-Feb-2021 11:07
|
||||
|
x 0
x 0 Alert Admin |
Result should be out end of the month. That's the real thing.
Contra buyers should not buy on impulse unless you can afford to lose. Projection without other high costs is not accurate. See what will happen one week before result. Trade with caution and DYODD
|
||||
| Useful To Me Not Useful To Me | |||||
|
SAVIORFOREVER
Supreme |
11-Feb-2021 10:51
|
||||
|
x 0
x 0 Alert Admin |
18 soon?
Are you buying now to hold or you already bought enough? Congrats to those who bought below 160. Trade with no contra no short and DYODD
|
||||
| Useful To Me Not Useful To Me | |||||
|
Share7
Veteran |
11-Feb-2021 10:24
|
||||
|
x 0
x 0 Alert Admin |
18 soon. When you least expects it. If you know, you must be chngkay, BB, or Smart Money. Go look at blesskeemun' s enthusiastic revenue projections. Do your own. Even without huge oil reserves, 20 is not a big deal. Just every well 10M barrel will do. Got 14 to dig at Zakhera.  
|
||||
| Useful To Me Not Useful To Me | |||||
|
SAVIORFOREVER
Supreme |
11-Feb-2021 07:50
|
||||
|
x 0
x 0 Alert Admin |
18 when? Make a wild guess.
If can find huge oil reserves then 20 is not a big deal. Buy must hold but be wary of any downside if result is not up to expectation. Trade with awareness and DYODD
|
||||
| Useful To Me Not Useful To Me | |||||
|
SAVIORFOREVER
Supreme |
11-Feb-2021 07:39
|
||||
|
x 0
x 0 Alert Admin |
Last trading day of week and it's just half day.
BBs need to wrap up for CNY. Congrats to those who sold 177. Trade with caution and DYODD |
||||
| Useful To Me Not Useful To Me | |||||

