Rex International Holding Ltd, together with its subsidiaries, has announced that a discovery has been made in the “Knockando Fensfjord” prospect in the Brage Field, in which Rex’s indirect subsidiary Lime Petroleum AS (“Lime”) has a 33.8434%

interest.

According to the Norwegian Offshore Directorate in a press release dated 28 January 2026,

preliminary estimates indicate additional resources for Brage of between 0.5 and 1.5 million

m3 of recoverable oil equivalent (o.e.) if the discovery is oil. If it is gas,

the preliminary volume estimate is between 0.4 and 0.9 million m3 of o.e. The well was drilled

from the Brage installation, and the discovery was made in connection with drilling of the

Talisker development well, which started production on 11 January 2026.

This development well was drilled through the Lower Fensfjord Formation of Late Jurassic age

in the Knockando prospect area on its way to the Talisker development area. A 38.5 m

column of hydrocarbons was proven in an interval of multiple sandstone layers with moderate

to good reservoir quality. The petroleum/water contact was not encountered.

The Talisker A-15D development wellbore was drilled to respective measured and vertical

depths of 10 009 m and 2309 m below sea level, and was terminated in the Oseberg

Formation of Middle Jurassic age.

The Brage Field partners are now considering opportunities for developing "Knockando

Fensfjord".

The Brage Unit partnership comprises OKEA ASA (operator, 35.2%), Lime (33.8434%), DNO Norge AS (14.2567%), Petrolia NOCO AS (12.2575%), and M Vest

Energy AS (4.4424%).

Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/02022026/new-discovery-in-brage-field-norway/

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