Latest Forum Topics /
Rex Intl
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The next chapter
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FrancisLim
Elite |
14-Jul-2023 09:59
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&ldquo Muscat, 13 July 2023: Masirah Oil Limited (&ldquo MOL&rdquo ) today announced that gross production in June 2023 from the Yumna Field in offshore Block 50 Oman, amounted to an average of 3,364 stock tank barrels per day (stb/d) over 30 days. The Yumna-3 well experienced an unplanned shutdown on 29 June 2023 due to an electrical failure of the Electrical Submersible Pump (ESP). Solutions are being sought to restart production from the well.  Lime Petroleum AS (&ldquo LPA&rdquo ) today announced that oil production in June from the Brage Field in Norway, net to LPA, amounted to 4,370 barrels of oil equivalent per day (boepd).    LPA holds a 33.8434 per cent interest in the Brage Field At the Yme Field, production in June, net to LPA, was 1,907 bopd. LPA holds a 10 per cent interest in the Yme Field. " Interesting only the Oman oilfield where the Co fully owned and operate, shows dismal production and problem.' |
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ahberngh
Elite |
14-Jul-2023 09:49
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I am vested and I am not a shortist. Slowly reducing my stake. My opinion of this company: They were lucky to find some oil in Oman, but not capable of expanding on it despite their high tech software. The reserves in Oman fields quickly running down. All they are doing now is to buy mature fields in Norway which others want to get rid of, besides investing in iffy ventures like drones and high risk drug discovery. I do not see much future for this company. Just my opinion, hope I am wrong because I am still vested,  please dyodd.   |
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CoolAngler
Senior |
14-Jul-2023 09:36
Yells: "Sky's The Limit!" |
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Looks like shortist kena burned & trying to mislead... Jun 23 production 9641bpd & not 3364bpd... Jun 2022 total 137k.. Jun 2023 total 289k... DYODD...  | ||||
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boyboy61
Supreme |
14-Jul-2023 08:45
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Dun think so, probably will rise early in trading but taper off as it approaches towards the end of trading due to weekend coming
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wehuattogether88
Supreme |
14-Jul-2023 06:42
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Oil prices rose over 1% on Thursday to their highest in nearly three months after U.S. inflation data suggested interest rates in the world?s biggest economy were close to their peak.
Brent crude futures rose $1.25, or 1.6%, to settle at $81.36 per barrel. The session peak was $81.57, the highest since April 25. |
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TraderBen
Supreme |
14-Jul-2023 05:10
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My turn to lock in today. Turning to crypto related sticks. Adding in SMI, hatten n vv3 | ||||
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boyboy61
Supreme |
14-Jul-2023 04:55
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Oil hitting 82 soon, now at 81.67
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piscesmonkey
Supreme |
13-Jul-2023 14:20
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Sold 180 200lots huat ah👍
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boyboy61
Supreme |
13-Jul-2023 14:19
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Above 18 already but now settling at 18
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wehuattogether88
Supreme |
13-Jul-2023 12:00
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Rex targeting above $0.18 soon because of oil price continue to trend up. | ||||
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boyboy61
Supreme |
12-Jul-2023 12:51
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Sold at 17.5
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piscesmonkey
Supreme |
12-Jul-2023 12:25
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Breakout 170 from downtrend line. Going up this morning sold 171. And bought back 172 wait for above 180 then sell
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wehuattogether88
Supreme |
12-Jul-2023 12:10
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Oil related stocks in play, i won?t be surprise if REX clear $0.18 today | ||||
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ssw518
Supreme |
12-Jul-2023 09:41
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everyone take profit, i also take first. long road to play along.
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boyboy61
Supreme |
12-Jul-2023 09:21
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Waiting to sell at 17.5 bought at 1.59
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piscesmonkey
Supreme |
12-Jul-2023 08:59
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Sold 171 200lots bought at 160 huat to all | ||||
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ssw518
Supreme |
12-Jul-2023 08:04
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Seems like plenty of room for oil to move higher esp if 1)  AI were to boom, semicon consume huge power supply 2) China market seems to stable a bit pending stimulation negative side is inflation is still out there 1) Europe still consider high 2) Asia reducing after taking the hit on poor economy report card In SG 1) Q2 confirm negative but June should be in between than May and April Q3 oil might see near 80-85 range on brent, crude near 75-79 Q4 might be higher if winter like last year, but no more 100 liao  my guess only dyodd
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boyboy61
Supreme |
12-Jul-2023 03:59
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Oil reaching 80....rex going above 17 today | ||||
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ssw518
Supreme |
11-Jul-2023 17:23
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wow so much stronger than RH...  trust them only when they confirm your analysis is right, not just follow as most of them use data which you should have read / heard. |
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boyboy61
Supreme |
11-Jul-2023 16:46
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Above 16.5 already........... | ||||
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