Rex’s other subsidiary, Masirah Oil, produced 1,715 stock tank barrels per day (stb/d) in May in its Yumna Field in offshore Block 50 Oman. Shares in Rex International closed 1.5 cents lower or 6.818% ...

Earlier this week, the SPC announced the discovery of recoverable unconventional oil resources estimated at 22 billion stock tank barrels (STB) and an increase in conventional oil reserves of 2 ...