News

Nov 1, 2021

Update on Norway operations

Brage acquisition expected to be completed in end-November 2021 No outstanding queries anticipated from authorities Increase in oil...

Oct 1, 2021

Lime Petroleum participates in Norwegian Sea exploration well

Participation in high-risk / high-reward exploration well Lime’s net cost to be partly defrayed by US$550,000raised from Rex’s option...

Sep 1, 2021

Lime Petroleum AS in Norwegian Sea licence swap - Completion

Lime Petroleum AS in Norwegian Sea licence swap - Completion OSLO, 1 September 2021 Unless otherwise defined, capitalised terms in this...

Aug 11, 2021

Lime Petroleum in 20 per cent farm-in to two North Sea licences and farm-in option to another North

Lime Petroleum in 20 per cent farm-in to two North Sea licences and farm-in option to another North Sea licence § Exploration drilling...

Jul 11, 2021

Lime Petroleum’s US$60 million senior secured bond issue completed

OSLO, 9 July 2021 – Lime Petroleum AS (“Lime Petroleum”) is pleased to announce that the issuance of its 2.5-year senior secured bond of...

Jul 6, 2021

Lime Petroleum’s US$60 million senior secured bond fully subscribed

OSLO, 24 June 2021 – Lime Petroleum AS (“Lime Petroleum”) has successfully raised a 2.5-year senior secured bond of NOK 500...

Jun 16, 2021

Lime Petroleum acquires 33.84% of producing Brage Field in Norway from Repsol

The transaction consideration of US$42.6 million includes deferred tax assets which are recoverable for Lime Petroleum Production from...

Apr 7, 2021

Lime Petroleum AS in Norwegian Sea licence swap

Lime Petroleum AS in Norwegian Sea licence swap 20 per cent interests in PL263D/E/F Sierra (previously known as Apollonia) to be swapped...