News post

Award of 5 new licences

LimePetroleum Norway AS (“LimeNorway”)is pleased to announce to have been offeredparticipation in five new licences in the Awards in Pre-defined Areas 2015licensing round (“APA2015”).Thelicences are located within Lime Norway’s core areas and close toinfrastructure with reputed operators and a participating interest in the range20 to 50 per cent:

Mr Ivar Aarseth, Lime Norway’s ChiefExecutive Officer, said, “We are very pleased with this extensive award in linewith our application. All areas contain exiting prospects that have beenqualified with the liquid hydrocarbon indicator Rex Virtual Drilling.”