MasirahOil, a company where Rex holds a 64% stake in partnership with LimePetroleum, intersected hydrocarbons across several formations andextracted a good oil sample from the well.
“Thediscovery of hydrocarbons in 2nd exploration well is a significantstep towards the deepening of our knowledge and understanding of theoffshore geology in the east of Oman, where no discovery has beenmade before,” Masirah chairman Hans Lidgren said.
“Theresults
