Lime Petroleum

Oil & Gas

New discovery in Brage Field to add up to 1 million barrels of oil reserves net to Rex subsidiary Lime Petroleum

Shares in Rex closed 0.2 cents lower or 1.18% down at 16.7 cents on Oct 26.

Oil & Gas

Rex's Lime Petroleum completes acquisition of 10% stake in Yme Field in Norway

The 10% stake was sold at a post-tax consideration of US$68.1 million ($91.9 million).

M&A

Rex International divesting stakes in Norway assets for up to US$43 mil; stock rises 14.8%

SINGAPORE (Jan 28): Rex International announced on Monday it is divesting its stakes in two Norway assets through its 90%-owned subsidiary Lime Petroleum.
Rex International

Isle of Man Court orders immediate winding up of Lime Petroleum

SINGAPORE (July 4): An Isle of Man Court had ordered the immediate winding up of Lime Petroleum last Thursday, according to an announcement by Rex International on Monday.
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