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Rex to drill eight wells in 2015

Mr Lidgren said the company will use its proprietary "Rex virtual drilling (RVD)" technology to find more oil in its own fields, so as to attract clients for its technology


CATALIST-listed oil exploration and production firm Rex International said it plans to take advantage of the lower cost of drilling services and participate in the drilling of eight wells this year: three in Norway, two in Oman, two in Trinidad, and one in Germany.

In an...

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