Offshore staff
SINGAPORE – Rex International Holding’s 90%-owned Norwegian E&P subsidiary Lime Petroleum has signed two North Sea license agreements with Aker BP.
Subject to regulatory approval, Lime will acquire 20% of PLs 867 and 867B on the Utsira High.
Exploration drilling is due to start in late 2022 with a planned well on the Jurassic prospect Gjegnalunden, 12 km (7.5 mi) from the Ivar Aasen platform.
Both concessions are adjacent to PL818 Orkja, in which Lime has a 30% interest, and further prospects have been identified.
In addition, the company has the option for a 20% farm-in to PL1041 in the central Norwegian North Sea, where the Lyderhorn prospect is due to be drilled this November.
The location is south of the Aker BP-operated Alvheim field and close to the recent Frosk and Froskelår discoveries, with targeted reservoirs in Heimdal and Hermod formation sandstones. Neptune Energy and Lundin Energy are the other partners.
08/11/2021
