OILFIELD services firm Rex International Holding on Monday said it has a war chest of about US$70.8 million comprising cash, cash equivalents and quoted investments as at June 30, 2019, and plans...

REX International's 90 per cent-owned subsidiary Lime Petroleum AS inked an agreement on June 21 with DEA Norge to acquire 30 per cent interest each in two drilling licences, PL838 and PL838B, in...