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Rex International Holding’s Yumna asset continues to underperform

Douglas Toh
Douglas Toh • 3 min read
Rex International Holding’s Yumna asset continues to underperform
On Nov 14, Rex announced that its 91.81%-owned Yumna Field in offshore Block 50 in Oman only managed an “anaemic” 1,304 barrels per day (bpd) of oil production, a 20% m-o-m and 65% y-o-y decline.
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