Stocks In Focus SG (CapitaMalls Asia, Rex Int 

Stock in focus - Rex International Awards Drilling Contract To Aban 7 
Rex International said in a press release statement that its jointly-controlled entity, Lime Petroleum, through its subsidiary Masirah Oil, has awarded a drilling rig contract to Aban 7 for the execution of its drilling programme in the company?s Block 50 Oman concession. Under the terms of the contract, Masirah will secure the services of the Aban VII drilling jack-up rig to spud and drill a minimum of two exploration wells ? Masirah North North #1 and Masirah North East #1.  The contract is anticipated to commence between mid-October and mid-November 2013  for an effective minimum period of 50 working days. Mans Lidgren, chief executive officer of Rex International said: ?The firm rig contract with Aban gives assurance that our drilling programme in Oman is progressing according to plan. The programme in Oman is an important step for the company in the roll-out of our drilling campaign throughout our portfolio.? 

Significance: The prospects of the two wells were selected for drilling after in-depth technical evaluation and verification using the proprietary Rex Virtual Drilling technology on top of other conventional methodologies. 

Production can potentially start by 1H14 through utilisation of an early production system if the drilling of the wells yield successful discoveries.