Rex International Holding Limited Company News

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Oman's Ministry of Oil & Gas Extends Masirah Oil's Block 50 License to 2020
Tuesday, September 06, 2016Oman's Ministry of Oil & Gas extends Masirah Oil's exploration and production sharing agreement for Block 50 offshore Oman for 3 years to March 2020.

RIH Sells Partial Stakes in 2 Subsidiaries to Schroder for $9.75M
Tuesday, June 07, 2016Rex International Holding sells partial stakes in subsidiaries Lime Petroleum Norway and Masirah Oil to Schroders & Co. Banque for $9.75 million.

Singapore-listed Rex International Holding Ups Stake in Oman's Masirah Oil
Thursday, March 17, 2016Singapore-listed Rex International Holding raises its stake in Oman's Masirah Oil to 72.03 percent after a capital injection of $5.6 million.

Masirah Oil Spuds Manarah-1 Prospect in Oman's Offshore Block 50
Monday, February 29, 2016Masirah Oil spuds Manarah-1 exploration well in Block 50, offshore Oman with jackup Aban VII.

Masirah Oil Raises Nearly $13M to Fund Drilling Activities Offshore Oman
Monday, November 16, 2015Masirah Oil raises nearly $13 million in capital injection from shareholders to fund drilling activities and operations in Oman.

Rex Appoints Former Schlumberger Executive Svein Kjellsvik as COO
Friday, October 09, 2015Singapore-listed Rex International Holdings appoints former Schlumberger executive Svein Kjellsvik as its chief operating officer.

Rex International Holding Cuts Capex, Focuses on Oman and Norway Assets
Thursday, August 20, 2015Singapore-listed Rex International Holding cuts capital investments and focus on key assets in Oman and Norway as it adapts to lower oil prices.

MEO Farm-out 30% Stake in WA-488-P Permit to Rex International Holding
Thursday, May 21, 2015MEO farm-out 30 percent stake in WA-488-P exploration permit offshore Western Australia to Rex International Holding.

Rex Leans on In-House Technologies to Realize E&P Ambitions
Tuesday, May 12, 2015Rex International Holdings is relying on its proprietary technologies to search for oil as the junior exploration and production firm grows its upstream asset portfolio.

Lime Petroleum Acquires 30% Stake in PL544 in Norwegian North Sea
Friday, April 17, 2015Lime Petroleum acquires a 30 percent stake from Lundin Petroleum in PL544 in the Norwegian North Sea.

Lime's Gemini Prospect Comes up Dry
Wednesday, March 18, 2015Lime Petroleum says its Gemini well on Norwegian license PL338C is dry but a further appraisal well is planned near the license's Rolsnes oil discovery for the second half of 2015.

RIH Raises Indirect Stake in Cory Moruga Block in Trinidad & Tobago
Tuesday, February 24, 2015Rex International Holdings completes acquisition of Parex Resources, raising the firm's indirect working interest in the Cory Moruga Block in Trinidad & Tobago.

Lime Inks Deal with Tullow Oil for 20% Stake in 3 Licenses Off Norway
Wednesday, February 18, 2015Lime Petroleum inks agreement with Tullow Oil to acquire 20 percent stake in three licenses in the Norwegian Sea.

Caribbean Rex Finds Commercial Oil in Trinidad & Tobago's South Erin Block
Wednesday, January 21, 2015Rex International Holding's unit Caribbean Rex drills two successful wells in South Erin Block in Trinidad & Tobago.

Dolphin Geophysical Conducts 3D Seismic Survey in Block 50 Offshore Oman
Wednesday, December 03, 2014Dolphin Geophysical deploys Artemis Arctic vessel for a 3D seismic survey in Block 50 Oman.

Hibiscus Completes Deals for Stakes in 3DO's Upstream Assets in Australia
Tuesday, November 18, 2014Hibiscus Petroleum completes transactions to acquire stakes in 3D Oil's upstream assets in Australia.

Rex Completes Acquisition of Stakes in 2 Licenses Offshore Norway
Wednesday, October 08, 2014Rex completes acquisition of a 5 percent stake each in licenses PL591 and PL591B offshore Norway from North Energy.

Rexonics Secures $10M Deal to Provide Well Stimulation Technology for a NOC
Friday, October 03, 2014Rex International Holding's subsidiary Rexonic secures a $10 million contract to provide well stimulation technology on selected wells owned by a large national oil company.

Rex International Holding Acquires Ownership of Rex's Technologies
Wednesday, September 03, 2014Rex International Holding acquires 100 percent shares in Rex Technology Management (RTM), with the deal giving the former ownership of Rex's exploration technologies.

Rex International Holding Adds New Technology to Detect Hydrocarbons
Thursday, August 14, 2014Rex International Holding adds new technology, Rex Gas Indicator, to detect hydrocarbons in their gaseous phase using conventional seismic data.

3D Oil Shareholders Agree to Transfer 20% Stake in Permit VIC/P57 to HIREX
Tuesday, August 12, 20143D Oil shareholders agree to transfer 20 percent stake in exploration permit VIC/P57 located offshore Victoria, Australia to Hirex.

Hibiscus Ups Stakes in VIC/L31, VIC/P57 Licenses in Gippsland Basin
Tuesday, July 08, 2014Hibiscus Petroleum raises stakes in VIC/L31 production license and VIC/P57 exploration permit in Australia's Gippsland Basin.

3D Oil to Transfer 20% Stake in VIC/P57 Permit in Gippsland Basin to HIREX
Wednesday, May 14, 20143D Oil agrees to transfer 20% stake in VIC/P57 exploration permit in Australia's Gippsland Basin to Hibiscus Petroleum's unit HIREX.

Caribbean Rex Spuds Well at Cory Moruga Concession in Trinidad & Tobago
Monday, May 05, 2014Rex International Holding's subsidiary Caribbean Rex spuds its first onshore well at the Cory Moruga concession in Trinidad and Tobago.

Rex International Holdings Provides Updates on Upstream Portfolio
Monday, April 21, 2014Rex International Holdings provides an update on its upstream portfolio, strategy and future plans.

Masirah Moves to Next Stage of Work Program for Oman's Offshore Block 50
Friday, March 07, 2014Masirah Oil gets approval from Oman's Ministry of Oil and Gas to proceed to the second phase of its minimum work obligation for Oman's offshore Block 50.

Masirah Discovers Oil at Block 50 offshore Oman
Wednesday, February 05, 2014Masirah Oil makes oil discovery at the second exploration well in Block 50, offshore Oman.

Lime Petroleum Granted Five New Offshore Licenses in Norway
Wednesday, January 22, 2014Rex International Holdings discloses that its joint-controlled entity Lime Petroleum Norway was awarded five new offshore licenses by Norway's Ministry of Petroleum and Energy.

Aban VII Spuds GAS#1 Exploration Well in Block 50 off Oman
Tuesday, January 07, 2014Masirah Oil reports that Aban VII jackup commences drilling at the GA-South (GAS#1) exploration well in Block 50 concession off Oman.

Masirah Suspends MNN #1 Well in Oman's Block 50 for Safety Reasons
Thursday, December 26, 2013Masirah Oil Limited, a unit of Rex International Holding's jointly-controlled entity Lime Petroleum Plc, suspends the Masirah North North #1 exploration in Block 50 Oman for safety reasons.

Drilling Commences at Masirah North North #1 Well in Oman Block 50
Tuesday, November 26, 2013Masirah Oil, a unit of Rex International Holding's jointly owned entity Lime Petroleum, commences drilling at the Masirah North North #1 exploration well in Block 50 off Oman.

Rex's Unit Gets Approval to Acquire Stakes in 2 Offshore Blocks in Norway
Thursday, November 21, 2013Rex International's unit in Norway receives approval from the Norwegian government to acquire a 10 percent stake each in two offshore blocks in Norway from North Energy.

Rex International Completes Transactions Relating to its JV in Rexonic
Thursday, November 14, 2013Rex International Holdings completes transactions relating to its joint venture in the Swiss-incorporated Rexonic AG with Ogsonic AG.

Rex to Pay for Two-Third Stake in JV Firm Rexonic with Cash, New Shares
Tuesday, October 29, 2013Rex International Holdings pays for a two-third stake in an oil technology joint venture company Rexonic with cash and new shares.

Oil, Gas Firms Prefer Singapore to Hong Kong to List Stocks
Friday, October 11, 2013Oil and gas firms prefer to list their stocks in Singapore rather than in Hong Kong, according to a partner at international law firm Clifford Chance.

Rex Unit to Acquire Stakes in 2 Norwegian Exploration Licenses
Thursday, September 19, 2013Rex International Holding's subsidiary Lime Petroleum Norway acquires a 10-percent stake in two new exploratory licenses in the Barents Sea, Norway.

Rex Partners Pareto Staur in Exploration of Caribbean Blocks
Thursday, August 15, 2013Singapore-listed Rex International partners Norway's Pareto Staur to explore three new onshore blocks in Trinidad and Tobago.

Rex Launches Singapore IPO to Raise $68M
Tuesday, July 23, 2013Rex International Holdings launches an initial public offering in Singapore to raise around $68 million.