Inphyy Corner

Rex: Masirah Oil Spuds Second Well In Oman

07 Jan 2014 10:34

Masirah Oil Limited & Partners has begun drilling an exploration well in GA - South (GAS#1) located in the Block 50 Oman concession, on 30 December 2013. This is the second well in the two-well drilling programme in the concession. The prospect GAS#1 has a target depth planned at about 2,500 metres, was selected for drilling after technical evaluation and verification using the proprietary Rex Virtual Drilling technology, in addition to confirmations provided via conventional methodologies. The prospect is located in the central area of the Block 50 Oman concession. The well is being drilled using the independent leg cantilever jack-up drilling rig Aban VII...

rex.listedcompany.com/newsroom/20140107_...257C58003EB81C.1.pdf

rex.listedcompany.com/newsroom/20140107_...257C58003EB81C.2.pdf

Ezra: EOC's 1Q14 Net Profit Up 301% To US$2.99 Million

07 Jan 2014 10:16

Revenue for 1Q FY2014 was USD 11.1 million, an increase of 5% or USD 0.6 million from USD 10.5 million in 1Q FY2013. The increase was mainly due to slight increase in chartering contribution from Lewek Champion and contribution from project management, engineering and procurement services. Gross profit for 1Q FY2014 amounted to USD 6.5 million, as compared to USD 5.8 million in 1Q FY2013. The improvement was mainly due to reduction of operating cost of Lewek Conqueror...

ST Engineering - Largest Marine Win Since Apr 2012

research.maybank-ib.com/pdf/document/ST_Eng_060114_5620.pdf

Tee Land swings back into black with 2Q net profit of $1.7m

www.straitstimes.com/breaking-news/money...-profit-17m-20140108

Lamborghini dealer launches IPO

It seeks Catalist listing to raise $8.46m with offer shares at 28¢ apiece

CIMB Bank Bhd is the sponsor and CIMB Securities (Singapore) is the underwriter and placement agent.


www.businesstimes.com.sg/premium/compani...aunches-ipo-20140108

Hiap Hoe unit to make offer in move to take SuperBowl private

www.businesstimes.com.sg/premium/compani...owl-private-20140108