Rex acquires 30% in Norway oil well, increases stake in Cory Moruga block

Oil rig, Lime Petroleum, Norway

By Joji Thomas Philip

February 24, 2015

Catalist listed oil and gas outfit Rex International Holding has lined up two deals abroad, including an agreement by its jointly controlled entity – Lime Petroleum Norway – to acquire a 30 per cent stake in licence PL338C in the North Sea, Norway.

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