Bestla Field Category Gross Attributable to Licence (MMbbl/Bcf) Net Attributable (17% Lime share) (MMbbl / Bcf) Net Attributable1 (80.14% Rex Int share of Lime) (MMbbl / Bcf) Change2 from previous update (%) Risk Factors3 Remarks RESERVES Oil Reserves 1P 10.77 1.83 1.47 - - 31.12.24 is first time Bestla has bookable reserves 2P 13.73 2.33 1.87 - - 3P 17.39 2.96 2.37 - - Natural Gas Reserves 1P 26.94 4.58 3.67 - - 31.12.24 is first time Bestla has bookable reserves 2P 33.28 5.66 4.53 - - 3P 37.17 6.32 5.06 - - Natural Gas Liquids Reserves 1P 1.64 0.28 0.22 - - 31.12.24 is first time Bestla has bookable reserves 2P 2.03 0.35 0.28 - - 3P 2.27 0.39 0.31 - - CONTINGENT RESOURCES Oil 1C 2.14 0.36 0.29 -85.5% 0.65 Bestla moved to Reserves. New: Extended Lifetime 2C 2.75 0.47 0.38 -85.4% 0.65 3C 2.99 0.51 0.41 -87.2% 0.65 Natural Gas 1C 2.48 0.42 0.34 -92.6% 0.65 Bestla moved to Reserves. New: Extended Lifetime 2C 7.08 1.20 0.96 -84.7% 0.65 3C 4.83 0.82 0.66 -89.9% 0.65 Natural Gas Liquids 1C 0.15 0.03 0.02 -92.6% 0.65 Bestla moved to Reserves. New: Extended Lifetime 2C 0.43 0.07 0.06 -84.7% 0.65 3C 0.30 0.05 0.04 -89.9% 0.65 Notes: 1. Net Attributable to Rex International Holding Limited means the volumes attributable to Rex International Investments Pte. Ltd., a wholly owned subsidiary of Rex which has an 80.14% ownership in Lime Petroleum Holding AS. Lime Petroleum Holding AS owns 100% of Lime Petroleum AS (“LPA”), which is the licensee of the Norwegian production licences. 2. Change from previous update means the change in the volume attributable to Rex International Holding Limited. The overall change shown includes changes in estimates of the remaining recoverable volumes for the field as well as the change in Rex’s ownership share in LPA (reduced from 91.652% to 80.14%). 3. Applicable to Contingent Resources. “Risk Factor” for Contingent Resources means the estimated chance, or probability, that the volumes will be commercially extracted. N.A. denotes Not Applicable. Annual Report 2024 5 0
RkJQdWJsaXNoZXIy NTM2MDQ5