Rex International Says Co Remains Committed To Its Core Oil & Gas Business For Foreseeable Future

Rex International Holding Ltd 55WH:

• REMAINS COMMITTED TO ITS CORE OIL & GAS BUSINESS FOR FORESEEABLE FUTURE

• PRODUCTION FROM NORWAY IN AUGUST 2023 TOTALLED 7,726 BARRELS OF OIL EQUIVALENT PER DAY , 182% YEAR-ON-YEAR INCREASE

• ON LOOKOUT TO INVEST IN MORE VIABLE PRODUCTION / NEAR PRODUCING ASSETS, TO GROW ITS PRODUCTION PORTFOLIO AND GEOGRAPHICAL PRESENCE

• BOARD RENEWAL PROCESS IS ONGOING