Oman Production Update – September 2021

Rex International Holding Limited, a technology-driven oil exploration and production company, refersto the press release issued on 5 October 2021 by its 86.37 per cent subsidiary, Masirah Oil Limited, which announced the following:

“Muscat, 5 October 2021: Masirah Oil Limited (“MOL”) announced that gross oil production in September 2021 from the Yumna Field in offshore Block 50 Oman, amounted to 9,709 stock tank barrels per day (stb/d).

Production was choked back during September to carry out maintenance of the Mobile Offshore Production Unit’s production system.

MOL holds a 100 per cent interest in Block 50 Oman and is the operator.”