Rex International highlights start of three-well drilling campaign at Oman’s Yumna Field
Bitget2026/11/06 09:58- Rex International commenced its three-well drilling campaign at Oman's offshore Yumna Field in October 2026.
- Production from the first new well is expected in November 2026; two more wells will follow.
- Lime Petroleum Holding group was deconsolidated effective April 10, 2026, following loss of board control amid a bond default.
- First-half FY2026 revenue totaled USD 62.75 million, mainly from crude oil and gas sales.
- Cash, cash equivalents and quoted investments totaled USD 19.14 million at June 30, 2026, including USD 14.05 million in cash and equivalents.
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