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Rex in deal to merge assets in Trinidad

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Published Mon, Nov 23, 2015 · 09:50 PM

    Singapore

    REX International Holdings - through wholly owned Rex Caribbean Holding Limited (BVI) or RCH - has entered into an agreement with two parties to merge their oil-related assets in Trinidad under a new entity Steeldrum Oil Company.

    The other two parties in the merger of the Trinidad oil exploration and production interests are Norwegian company West Indian Energy Holding (WIEH) and GELCO Energy Inc.

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