North Energy is set to cash in when operators start the PL713 Halddi prospect and PL510 Tvilling South prospect later in the year.
North Energy holds a 20% interest in both the Statoil-operated PL713 and the Maersk-operated PL510, where drilling in set to start in the third and fourth quarters, respectively.
Rex International chief executive Mans Lidgren said while the company did not have any direct stake in the licences, it did have a 5.35%
