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Rex International unit to divest stakes in two Norway assets

Ng Ren Jye

Published Mon, Jan 28, 2019 · 09:50 PM

Singapore

REX International announced on Monday a deal to divest its interests in two Norway assets through its 90 per cent-owned subsidiary Lime Petroleum.

The oil and gas company is selling to Lundin Norway its 30 per cent interest in the Rolvsnes discovery in PL338C, PL338E and its 20 per cent stake in the Goddo prospect in PL815.

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