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Lime Petroleum AS
Oil & Gas
Rex International subsidiary Lime Petroleum to raise up to US$51 mil through its existing senior secured bond
Lime Petroleum has engaged ABG Sundal Collier ASA as its exclusive manager to arrange fixed income investor meetings to raise the sum.
October 15, 2024
Oil & Gas
Rex to hold stakes in Lime Petroleum and Porto Novo Resources under new JVCo
The JVCo will become an indirect subsidiary of Rex held through Rex International Investments.
June 19, 2024
Oil & Gas
Rex subsidiary to acquire 4 mmboe of net contingent resources in Brasse Field, Norway
The Brasse Field is expected to start commercial production in 2027.
November 07, 2023
Oil & Gas
Rex issues oil production update for February
Shares in Rex International closed 0.2 cents lower or 1.2% down at 16.5 cents on March 9.
March 09, 2023
Oil & Gas
Rex International's subsidiary sees $133.9 mil senior secured bond fully subscribed
The bonds are expected to be issued on July 5, with a maturity date of July 7, 2025.
June 29, 2022
Results
Rex International Holding sees increased oil production and positive cash flow for FY2021
Rex’s 2021 Round-up sees a transformational year in increased oil production and positive cash flow
January 13, 2022
Crude Oil
Rex’s Norway subsidiary divesting stake in non-core Barents Sea asset
(Oct 15): Rex International’s 90% subsidiary Lime Petroleum AS is divesting its 20% stake in the Barents Sea licence PL850, a non-core asset, to an external third party.
October 15, 2018
M&A
Rex's Lime Petroleum wins new offshore licence in Norway
SINGAPORE (Jan 18): Rex International, the tech-driven oil exploration company, announced its 87.84% subsidiary, Lime Petroleum AS, has won a new offshore licence in Norway.
January 18, 2018