Rex International Holding Limited announced that the operator, Aker BP, has started drilling an exploration well in the North Sea licence PL867 on 11 January 2023. Rex's 91.65% subsidiary Lime Petroleum AS has a 20% interest in the licence. The well targets the Gjegnalunden prospect in the prolific Hugin reservoir.

The licence PL867 is located on the Gudrun Terrace in the Central North Sea. Drilling will be conducted in water depths of 116 metres using Saipem's Scarabeo 8 semi-submersible rig and is expected to take 27 days.