Oslo, Norway, 12 February 2013 - Lime Petroleum AS ("Lime Norway"). We are happy to announce that Lime Petroleum Norway AS has received the pre-qualification for Norway.
The Ministry of Petroleum and Energy confirmed the pre-qualification ofLime Petroleum Norway AS as a licensee on the Norwegian continental shelf on 11th February 2013
Lime Petroleum is a small, dynamic exploration oil company with a unique combination of global experience, new technology and local Norwegian knowledge to deliver outstanding exploration results.
From the establishment of the company in 2012, an attractive portfolio of licences has been secured in Norway through a sale and purchase agreement with North Energy ASA.
Our 3 major shareholders are Schroders, Hibiscus Petroleum and Rex Oil & Gas Ltd. We pride ourselves in being innovative and willing to apply new technology in our search for hydrocarbons.Lime Petroleum's mission is to improve chances of success of exploration plays as well as to exploit the remaining resource potential in mature areas.
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Lime Norway is a wholly-owned subsidiary ofLime Petroleum Plc. Lime Petroleum Plc is a jointly-controlled entity by RexInternational Holding (65%) and Hibiscus Petroleum Berhad (35%).