Hibiscus Petroleum awarded licence

Kuala Lumpur: Hibiscus Petroleum announced that its jointly controlled entity Lime Petroleum Norway has been awarded a licence PL591C, an extension of its current licences awarded in 2014.

PL591C has the same partnership structure as the earlier two licences, Lime Norway (5%), Tullow Oil Norge (80%) and North Energy (15%).

Lime Norway is a wholly owned subsidiary of Lime Petroleum, which is a jointly-controlled entity 35% owned by Hibiscus Petroleum. [22/01/15]

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