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Top News In ரெக்ஸ் சர்வதேச வைத்திருத்தல் Today - Breaking & Trending Today

Lime Petroleum Norway : US$60 million senior secured bond issue completed

Lime Petroleum Norway : US$60 million senior secured bond issue completed
marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.

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Norway: Rex International announces extension of drill-or-drop decision deadlines for three licences in Norway

Norway: Rex International announces extension of drill-or-drop decision deadlines for three licences in Norway
17 Mar 2021
PL818 and
PL838B Shaw in the Norwegian Sea, in which Rex’s 90% subsidiary
Lime Petroleum holds 30% interests in each of the licences:
PL818 and PL818B Orkja
One-year extension for the drill-or-drop decision deadline to 5 February 2022
Initial period which endson 5 February2026remains unchanged
PL838B Shaw
One-year extension for the drill-or-drop decision deadline to 1 March 2022
Initial period extended by a year to1 March 2027
For clarity, there are several decision pointsduring the initial period for a licence, the firstand most consequentialof which would bethe drill-or-drop decision. By this date, partners in the licence would need to commit to drilling a wellor may decide to drop a licence. ....

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Oman: Masirah Oil spuds exploration well Zakhera-1 offshore Oman

Oman: Masirah Oil spuds exploration well Zakhera-1 offshore Oman
24 Feb 2021
Zakhera 1 well in
Block 50, offshore Oman, on 21 February 2021. The well is being drilled by the Shelf Drilling Tenacious jack-up rig that has been moved from the Yumna field, following the completion of the two new additional production wells, Yumna-2 and Yumna-3.The
Zakhera Prospect is located about 12 km to the south of the Yumna field.
Masirah Oil is an 86.37 per cent subsidiary of
Rex International Holding.
Mr Dan Broström, Executive Chairman of Rex, said:
The location of the Zakhera exploration well has been selected after much careful consideration. A discovery in this exploration well will enable us to put together further development plans and potentially convert more prospective resources near the Yumna field into additional reserves, and possibly increase oil production from Block 50 Oman. ....

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Today's Oil & Gas Update - Mosman Oil & Gas; Serinus Energy;Premier Oil and more...

Market Update: Tuesday 23 February 2021 Rex International Holding , (BUY), (SGX:5WH) Yumna 3 tested at 12,984bopd Mosman Oil & Gas , BUY, (AIM:MSMN):. ....

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