Asset Acquisitions and Disposals::Lime Petroleum Norway to acquire 30 per cent stake in PL544 in North Sea

Issuer & Securities

Issuer/ Manager
REX INTERNATIONAL HOLDING LIMITED
Securities
REX INTERNATIONAL HOLDING LTD - SG2G04994999 - 5WH
Stapled Security
No

Announcement Details

Announcement Title
Asset Acquisitions and Disposals
Date &Time of Broadcast
16-Apr-2015 18:43:23
Status
New
Announcement Sub Title
Lime Petroleum Norway to acquire 30 per cent stake in PL544 in North Sea
Announcement Reference
SG150416OTHRMV42
Submitted By (Co./ Ind. Name)
Dan Brostrom
Designation
Executive Director and Chairman
Description (Please provide a detailed description of the event in the box below)
- Fosen prospect scheduled to be drilled in 2015.
- Stake is second farm-in with Lundin Norway AS in a prospective area close to infrastructure.
- A small gas/condensate discovery in the licence to be evaluated.

Please refer to the attachment.

Attachments