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Rex soars 18.7% after deal completion for 2 Norwegian Sea drilling licences

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Vivienne Tay

Vivienne Tay

Published Mon, Jun 1, 2020 · 09:50 PM
Volume surge

Singapore

SHARES of Rex International soared after the company announced that its subsidiary has completed a farm-in deal for a 15 per cent stake in two Norwegian Sea drilling licences.

The oilfield services firm's shares jumped to an intra-day high of 18.7 Singapore cents before closing at 18.4 cents on Monday, up 2.9 cents or18.7 per cent.

rex internationalOil and gas

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