Lime Petroleum has established a balanced exploration portfolio in all provinces of the Norwegian Continental Shelf.
Lime Petroleum is a small and fast growing exploration company established in 2012. The Company was pre-qualified in February 2013 and has since then grown a portfolio of exploration licences on the Norwegian Continental shelf. Our offices are located at Skøyen in Oslo.
We have built a strong portfolio of licenses focusing on infrastructure led-exploration, with both high impact prospects and high value prospects. Our goal is to grow our portfolio further through licensing rounds and farm-ins and to participate in 1-3 exploration wells per year. We use state-of-the-art data and technology, and in addition to market seismic attributes, we are participating in development of new AI-based tools for seismicand well analysis, and we use Rex’ frequency-based seismic attribute named “RexVirtual Drilling” (RVD).
Lime Petroleum's strategy is to explore for, develop and produce hydrocarbons, primarily focused on oil, on the Norwegian Continental Shelf in close cooperation with our operators and the authorities.
Lime Petroleum's shareholders are Rex International Investments Pte. Ltd. (at 91.7%), a wholly owned subsidiary of Rex International Holding Limited, and Schroder & Co Banque SA (at 8.3%).
Rex is a fast-growing independent Exploration and Production oil company listed in Singapore. The company has concessions in two E&P companies, Lime Petroleum AS in Norway and Masirah Oil Ltd in Oman. The company's key differentiator is its suite of technologies, including Rex Virtual Drilling, Rex Gravity and Rex Seepage, which allows Rex to de-risk its assets, grow its portfolio and form powerful partnerships.
Schroders is a global asset manager with £324.9 billion of assets under management and offices in 28 countries across Europe, the Americas, Asia and the Middle East.
Mr. Svein Kjellesvik holds a Masters degree in Applied Geophysics from the Norwegian Institute of Technology (NTH) in Trondheim, Norway (received in 1973).
Starting as a Seismic Processing Geophysicist in Stavanger in 1975, Mr. Kjellesvik has held leading positions in Schlumberger's seismic division. He has also been the President of their Global Marine Seismic Division.
Mr. Kjellesvik has played leading roles in key innovations in the seismic industry which includes multi-cable 3D seismic, 4 component seismic, and seismic 4D.
He has also served at the corporate headquarter of Schlumberger. Since retiring from Schlumberger in 2002, Mr. Kjellesvik has been an independent entrepreneur. Since 2008, he has been involved in the start-up of Rex Oil & Gas and Lime Petroleum.
Karsten Eig is a structural geologist by background, with a Cand. scient. degree from the University of Oslo (2001), and a Ph.D. from the University of Tromsø (2008). He worked for the Norwegian Petroleum Directorate, Senergy and North Energy before joining Lime as a senior geologist in 2015. Karsten has worked the whole Norwegian continental shelf, and has extensive fieldwork experience from the Norwegian mountains, Lofoten, Svalbard and England, among others.
Kari has more than 30 years of experience from finance, business transformation and business management. Experience from various positions in oil and gas companies both larger (Total E&P Norge AS) as well as small (Lime Petroleum AS), and real estate (Linstow AS – one of Norway`s leading property developers with a project portfolio in Norway and overseas). Diploma of Economics from BI Norwegian Business School.
Mr. Peter Eckhard Oehms is a petroleum geologist with 35 years experience in the E&P Industry. He has been working in the International Divisions of Deminex (1979 to 1998) and Wintershall (1998-2008). In 2009 he founded OPK Resources which is providing E&P services to Independents and holds shares in several onshore projects in Germany. His international assignments and responsibilities include Northern Europe (Norway), Middle East (U.A.E., Qatar) and CIS countries (Russia, Azerbaijan).
Dr Christopher Atkinson was appointed as an Independent Non-Executive Director on 6 January 2015 and was re-elected to the Board on 27 April 2018. He is a member of the Group’s Technical Review Committee.
Dr Christopher Atkinson is a professional geologist with over 30 years of experience in the upstream oil and gas sector. He is currently the founder and director of Worldwide Petroleum Services Pte Ltd and a director of Sonoro Energy Limited. Prior to this, Dr Atkinson was a founding investor in several exploration and production start-up ventures in Southeast Asia, the UK and Canada. He has also worked for Shell International Petroleum Company and was a 15-year career veteran with the Atlantic Richfield Company (ARCO), where his last held position was Vice President of Exploration, Europe/North Africa.
Dr Atkinson holds a PhD in Geology and a BSc (Hons) Geology (1st Class)from the University of Wales, Swansea. He has been a Fellow of the Geological Society of London since 1996 and is a Life Member of the Petroleum Exploration Society of Southeast Asia, where he served as President from 2002 to 2003.
Lars has some 25 years’ experience in the oil industry, with a BS from the University of Oslo, a MS from the University of Wyoming and an MBA from Heriot Watt University. He joined Lime Petroleum in 2015 as Chief Geologist, and was appointed Exploration Manager in 2018. He started his career with Exxon in New Orleans, and was responsible for Exxons first horizontal well in the Gulf of Mexico. Through his work for Halliburton, Rock Solid Images, and Lime Petroleum, he has extensive experience on the Norwegian Continental Shelf, ranging from rank exploration to production and operations. Prior to Lime Petroleum he was Exploration Manager for San Leon Energy in Warsaw, Poland.
Bjørn has 30 years experience in the oil and gas industry working within Resource and Asset Management for large international E&P companies as well as small independent oil companies. He has held positions as Production, Reservoir, Well Test and Well Stimulation Engineer in Amoco, Amerada Hess, Endeavour and DNO and Project Manager, Subsurface/PETEC Manager and Asset Manager in Det norske and Faroe Petroleum. Bjørn has a Msc degree in Petroleum Engineering from NTNU (NTH) and studied International Business Management at BI.