Rex sniffs out oil

HIBSICUS Petroleum Berhad says a technology held by a jointly-controlled subsidiary has been successful in predicting if a well is oil-bearing based only on a 2D seismic line or a 3D seismic cube.

Rex sniffs out oil Rex sniffs out oil Rex sniffs out oil Rex sniffs out oil Rex sniffs out oil

The Malaysia-based company said the Rex Virtual Drilling software application held by Lime Petroleum PLC was recently put through its paces in Norway, with encouraging results.

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