Lime Petroleum is a small, dynamic exploration oil company. Since the company was established in 2011 we have secured an attractive license portfolio in the Middle East and Norway. Read more...


Norway PL591 Zumba well update

Well 6507/11-11 on the Zumba prospect in PL591 is in the process of being completed by operator Tullow Oil Norge AS. The well is defined as dry.

The well was drilled in the Norwegian Sea, approximately 14 kilometres southeast of the Heidrun Field in a water depth of 270 metres using the semi-submersible rig Leiv Eiriksson. Drilling was stopped at 2,875 metres below sea level in the Middle Jurassic Fangst Group.

24.06.2015

Lime Petroleum Norway to participate in drilling of well in PL616

  • The Haribo prospect in PL616 in the North Sea to be drilled by operator Edison

  • High potential with similar chalk reservoir as nearby producing Valhall and Hod oil fields

15.06.2015

Lime Petroleum Norway to acquire 30 per cent stake in PL544 in the North Sea

Oslo, Norway, 16th April 2015 – Lime Petroleum Norway AS ("Lime Norway") is pleased to announce that it has entered into an agreement with Lundin Norway AS (''Lundin'') to acquire 30% interest in licence PL544 in the North Sea. Following this and other pending transactions, the ownership will be Lundin operator 40%, Lime Norway 30% and Bayerngas Norge AS 30%. The transfer is subject to authority approval.

16.04.2015

Acquire an additional 10 per cent share of PL616 in the North Sea

Oslo, Norway, 7th April 2015 – Lime Petroleum Norway AS (“Lime Norway”) is pleased to announce that it has entered into an agreement with Skagen44 to acquire 10 per cent share in concession PL616 in the North Sea. Following the transaction, the ownership will be Edison Norge (operator) 25%, Noreco Norway 20%, Concedo 20%, Lime Norway 15%, North Energy 15% and Skagen44 5%. The transfer is subject to authority approval.

07.04.2015


Who

Lime Petroleum is a small, dynamic exploration oil company. Since the company was established in 2011 we have secured an attractive license portfolio in the Middle East and Norway. Our 3 major share holders are...

What

Lime Petroleum explores for oil by combining best practice exploration methodology with our own proprietary technology and work processes. We seek to explore our licenses in an expedient and efficient manner. 

When

Since 2010, Lime Petroleum has acquired licenses in the Middle East and Europe for offshore and onshore exploration. In March 2011 Rex Oil & Gas acquired offshore Block 50 in Oman and offshore...