Rex International Holdings subsidiary Masirah Oil has spudded an exploration well on Block 50, off the coast of Oman.
Rex, which holds an 86.37% holding in Masirah, confirmed Tuesday drilling had started on the Zakhera-1 well, about 12 kilometres to the south of the Yumna field.
ENERGY EXPLORED: SUBSCRIBE TO ACCELERATE
Gain valuable insight into the global oil and gas industry's energy transition from ACCELERATE, the free weekly newsletter from Upstream and Recharge. Sign up here today.
“The location of the Zakhera exploration well has been selected after much careful consideration,” Rex chairman Dan Brostrom said.
