Asset Acquisitions and Disposals::Rex International Holding to acquire 30 per cent stake in WA-488-P in Australia

Issuer & Securities

Issuer/ Manager
REX INTERNATIONAL HOLDING LIMITED
Securities
REX INTERNATIONAL HOLDING LTD - SG2G04994999 - 5WH
Stapled Security
No

Announcement Details

Announcement Title
Asset Acquisitions and Disposals
Date &Time of Broadcast
21-May-2015 07:26:03
Status
New
Announcement Sub Title
Rex International Holding to acquire 30 per cent stake in WA-488-P in Australia
Announcement Reference
SG150521OTHRQUPS
Submitted By (Co./ Ind. Name)
Dan Brostrom
Designation
Executive Director and Chairman
Description (Please provide a detailed description of the event in the box below)
- Beehive prospect in WA-488-P has total gross unrisked prospective recoverable resources estimated to be 926 million barrels
- Beehive-1 well is scheduled to be drilled late 2016
Please refer to the attachment.

Attachments

20150521_RIH_PressRelease_WA488P.pdf
Total size =620K