Award of 5 new licences



Lime Petroleum Norway AS (“Lime Norway”) is pleased to announce to have been offered participation in five new licences in the Awards in Pre-defined Areas 2015 licensing round (“APA2015”).  The licences are located within Lime Norway’s core areas and close to infrastructure with reputed operators and a participating interest in the range 20 to 50 per cent:

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