Lime outlines offshore Norway drilling plans

Aug. 14, 2014
Lime Norway, a part-owned subsidiary of Hibiscus Petroleum, will participate in three exploratory wells next year in the Norwegian sector. 

Offshore staff

KUALA LUMPUR, MalaysiaLime Norway, a part-owned subsidiary of Hibiscus Petroleum, will participate in three exploratory wells next year in the Norwegian sector. These are scheduled for:

  • PL591/PL591B in the Norwegian Sea, operated by Tullow Oil Norge, targeted for 1Q 2015
  • PL 708 in the Barents Sea, operated by Lundin Norway (late 2015)
  • PL 616 in the North Sea, operated by Edison International Norway (2Q 2015).

Lime must additionally take decisions this fall on whether to opt out ofdrilling wells on or relinquishing licenses PL 498, PL498B, PL503, PL503B, and PL503C in 1Q 2015.  All are in the North Sea.

08/14/2014