Back 10 Sep 2025

Rex International Holding Reports August 2025 Production Update for Norway, Oman, and Germany

Link: https://links.sgx.com/1.0.0/corporate-announcements/AZUTC8GJFJKFN11H/22fd7aeb24f63fa7dba078373a5d673d5bfd979e9b322fa56eddd35e395d19b4

Summary:

  • Total August 2025 production from Norway, Oman, and Germany was 12,230 boepd (barrels of oil equivalent per day).

  • Norway: Lime Petroleum AS (Rex's subsidiary) reported 10,629 boepd from Brage and Yme Fields (LPA holds 33.84% in Brage, 25% in Yme). Drilling at Brage and Bestla continues, with scheduled and unscheduled shut-ins being routine.

  • Oman: Masirah Oil Limited (another Rex subsidiary) reported gross production of 1,549 barrels per day from the Yumna Field in Block 50 (100% interest).

  • Germany: Lime Resources Germany GmbH reported combined production of 52 barrels per day from Schwarzbach (100% interest, operator) and Lauben Fields (50% interest). Only oil is sold, with gas used onsite for heating. The Schwarzbach Field had planned shut-ins during the month.

  • All shut-ins were in the ordinary course of operations; no extraordinary disruptions mentioned.

  • Rex International Holding utilizes proprietary technology for risk reduction in exploration and is listed on SGX, with interests spanning Norway, Germany, Oman, and Benin.

  1. https://links.sgx.com/FileOpen/20250910_RIH_PressRelease_NorwayOmanGermanyAug2025ProdnUpdate_Final.ashx?App=Announcement&FileID=858679