Rex International Holding says its unit, Lime Petroleum Norway AS, has been offered participation in five exploration and production licences in the 2015 Norwegian Licensing Round.
The licenses are located within Lime Norway’s core areas close to infrastructure with reputed operators and participating interest ranging from 20% to 50%.
“All licences contain exciting prospects that have been qualified with the liquid hydrocarbon indicator Rex Virtual Drilling,” says Svein Kjellesvik, Rex’s chief operating officer.
Shares in Rex ended 10.39% lower at 6.9 cents on Jan 20.
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The licenses are located within Lime Norway’s core areas close to infrastructure with reputed operators and participating interest ranging from 20% to 50%.
“All licences contain exciting prospects that have been qualified with the liquid hydrocarbon indicator Rex Virtual Drilling,” says Svein Kjellesvik, Rex’s chief operating officer.
Shares in Rex ended 10.39% lower at 6.9 cents on Jan 20.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
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