Offshore staff
SINGAPORE– Rex International Holding subsidiary Rex Oman has acquired new shares in Masirah Oil, resulting in a capital injection of $5.4 million.
Masirah needed the money to pursue its current drilling program for the Karamah#1 exploration well inblock 50 offshore Oman, and to continue its operations in country.
The company operates the concession with a 100% interest.
05/09/2017
