Rex International to Temporarily Discontinue Reporting of Monthly Production Figures
MT Newswires05-18
Rex International (SGX:5WH) will temporarily discontinue reporting of monthly production figures across its assets in the Middle East, Norway and Germany, according to a Monday filing with the Singapore Exchange.
The oil and gas exploration firm will resume reporting once the outcome of the restructuring of its subsidiary, Lime Petroleum, has been finalized and the planned drilling in Oman has concluded.
Shares of the company were down over 1% in Monday trading.
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