Rex International Holding Limited said on Apr, 02 2026 that its indirect subsidiary, Masirah Oil Limited, now expects to begin drilling three development wells in the offshore Yumna Field in Block 50, Oman, in May 2026.
Masirah Oil Limited is the operator of Block 50 and holds a 100 per cent working interest in the concession, the company added.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.