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Lime Norway Acquire 20% Interest in New License

Source: www.gulfoilandgas.com 2/21/2014, Location: Europe

Lime Petroleum Norway AS has on 20 February 2014 signed an agreement with North Energy ASA to acquire a 20 per cent stake in a new licence in Norway, PL509CS. North Energy was awarded operatorship of the licence in Predefined Areas (“APA”) on 21 January 2014. The acquisition of the 20 per cent stake in PL 509CS is pending regulatory approval.

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Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Insurance  Investment  Mergers and Acquisitions  Risk Management 


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