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Rex International reports Norway, Oman and Germany production update – February 2026


13 Mar 2026

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Rex International Holding, together with its subsidiaries, has announced that production in February 2026 from Norway, Oman and Germany totalled 10,300.1 boepd.

Reference is made to the press release dated 12 March 2026 by Rex’s indirect subsidiary, Lime Petroleum AS, which announced the following:

'Lime Petroleum AS (LPA) wishes to announce that for the full month of February 2026, production at the Brage Field, net to LPA, was 9,510 barrels of oil equivalent per day (boepd).

Brage Field: LPA holds a 33.8434 per cent interest in the Brage Field. The operator is OKEA ASA. There were scheduled and unscheduled shut-ins at the field that were in the ordinary course of operations during the month.

Note: LPA holds a 25 per cent interest in the Yme Field, the operator of which is Repsol Norge AS. However, February 2026 production numbers net to LPA were not available at press time.'

 The Company refers to the press release issued on 12 March 2026 by its indirect subsidiary Masirah Oil Limited, which announced the following:

'Muscat, 12 March 2026: Masirah Oil Limited ('MOL') today announced that gross production in February from the Yumna Field in offshore Block 50 Oman, amounted to an average of 746 stock tank barrels per day (stb/d) over the 28 days of production period.

MOL is the Operator and holds a 100 per cent interest in Block 50 Oman.'

Reference is also made to the press release dated 12 March 2026 by Rex’s indirect subsidiary, Lime Resources Germany GmbH, which announced the following:

'Lime Resources Germany GmbH ('LRG;) wishes to announce that for the full month of February 2026, production at the Schwarzbach and Lauben Fields combined, net to LRG, was 44.1 barrels of oil per day (bopd).

Schwarzbach Field: LRG holds a 100 per cent interest in the Schwarzbach Field. LRG is the operator. The field has been shut in from 25 February 2026 for a three-week-long planned 10-year Recertification and Maintenance of the facility.

Lauben Field: LRG holds a 50 per cent interest in the Lauben Field. The operator is ONEO GmbH & Co.KG.

Only oil is sold from both fields as produced gas is being used on site for heating purposes.'

Original announcement link

Source: Rex International





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