Shares of Amazon (NASDAQ:AMZN) experienced a 25% plunge in the fourth quarter of last year — marking its worst quarterly performance in a decade. While many believe that...
Rex International Holding Ltd is a Singapore-based oil exploration and production (E&P) company. It operates through Oil and Gas and Non-Oil and Gas segments. The Company offers Rex Virtual Drilling, a liquid hydrocarbon indicator, which uses seismic data for search for oil. Oil and Gas segment is involved in oil and gas exploration and production with concessions located in Oman, Norway, the United States of America and Trinidad & Tobago. Non-Oil and Gas segment is its technology segment. Its RVD technology uses conventional geological and geophysical studies to look for structures, from the analysis of sound waves captured in seismic data. It also offers Rex Virtual Drilling screening services to other oil exploration companies. The Company’s subsidiaries include Rex Technology Management Ltd, Lime Petroleum AS and Masirah Oil Ltd.