Equinor is expected to spud a well on the Appolonia prospect in the PL263 D/E license offshore Norway in late August or early September.
News comes as part of Rex International Holding Pte Ltd.’s half yearly results Aug. 13. Rex’s 90% owned Lime Petroleum AS will participate with 20% interest.
A successful well targeting a conventional Jurassic sand prospect in the Equinor-operated license in the Halten Terrace area with nearby infrastructure could lead to expedient field development.