Rex International's Norway Asset Discovers Oil in Brage Field

MT Newswires

2025/05/29

Rex International's (SGX:5WH) subsidiary, Lime Petroleum, confirmed that it has discovered between 1.9 million to 17.5 million barrels of oil equivalents at its Brage Field in Norway, according to a Wednesday filing with the Singapore Exchange.

The discovery was made following an exploration and delineation drilling on the Brage platform.

Shares of the oil and gas company were up over 2% in recent trading.

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