STOCKHOLM, SWEDEN--(Marketwired - Aug 7, 2013) - Lundin Petroleum AB (Lundin Petroleum) (TSX:LUP)(OMX:LUPE) - Six months ended 30 June 2013 (30 June 2012) Production of 35.2 Mboepd (35.1 Mboepd) Revenue of MUSD 627.8 (MUSD 685.6) EBITDA of MUSD 520.2 (MUSD 580.6) Operating cash flow of MUSD 502.9 (MUSD 375.6) Net result of MUSD 48.2 (MUSD 111.7 [...]
STOCKHOLM, SWEDEN--(Marketwired - Jul 30, 2013) - Lundin Petroleum AB (Lundin Petroleum) (TSX:LUP)(OMX:LUPE) is pleased to announce that its wholly owned subsidiary, Lundin Sareba BV, has entered into a production sharing contract (PSC) amendment with SKKMigas to substitute the existing Sareba Block acreage with new acreage named Cendrawasih VII [...]
STOCKHOLM, SWEDEN--(Marketwired - Jul 23, 2013) - Lundin Petroleum AB (Lundin Petroleum) (TSX:LUP)(OMX:LUPE) is pleased to announce that drilling of exploration well 16/4-7 in PL544 has commenced. The well will target the Biotitt prospect, which is located some 35 km south of the Edvard Grieg Field and 46 km southwest of the Johan Sverdrup Field [...]
STOCKHOLM, SWEDEN--(Marketwired - Jul 23, 2013) - Lundin Petroleum AB (TSX:LUP)(OMX:LUPE) - A live audiocast presentation will be held on Wednesday, 7 August 2013 at 14.00 Central European Time (CET). The second quarter report 2013 will be published at 08.00 CET. Ashley Heppenstall, President and CEO, and Geoff Turbott, CFO, will comment on the [...]
STOCKHOLM, SWEDEN--(Marketwired - Jul 16, 2013) - Lundin Petroleum AB (TSX:LUP)(OMX:LUPE) (Lundin Petroleum) is pleased to announce that drilling of exploration well 7120/1-3 in PL492 has commenced. The well will target the Gohta prospect, which is located some 150 km northwest of the Norwegian coast (185 km northwest of Hammerfest) and 65 km south [...]
STOCKHOLM, SWEDEN--(Marketwired - Jul 16, 2013) - Lundin Petroleum AB (TSX:LUP)(OMX:LUPE) (Lundin Petroleum) will incur non-cash exploration expenses of approximately USD 63 million and impairment expenses of approximately USD 82 million for the second quarter 2013 (the Period) results. These expenses will be offset by a deferred tax credit of USD [...]
STOCKHOLM, SWEDEN--(Marketwired - Jul 12, 2013) - Lundin Petroleum AB (TSX:LUP)(OMX:LUPE) (Lundin Petroleum) through its wholly owned subsidiary Lundin Norway AS (Lundin Norway) is pleased to announce that the Johan Sverdrup appraisal well 16/3-6, located in the eastern part of PL501, found an oil column of 11.5 metres in good quality sandstone of [...]
STOCKHOLM, SWEDEN--(Marketwired - Jul 10, 2013) - Lundin Petroleum AB (Lundin Petroleum) (TSX:LUP)(OMX:LUPE) is pleased to announce that drilling of exploration well 16/2-18S in PL265 west of Johan Sverdrup has commenced. The well will target the Cliffhanger North prospect, located in the North Sea sector of the Norwegian Continental Shelf (NCS [...]
STOCKHOLM, SWEDEN -- (Marketwired) -- 06/17/13 -- Lundin Petroleum AB (TSX: LUP)(OMX: LUPE) ("Lundin Petroleum") through its wholly owned subsidiary Lundin Norway AS is pleased to announce the commencement of the drilling of the first development well on the Brynhild field in PL148, located in the Norwegian North Sea.
STOCKHOLM, SWEDEN -- (Marketwired) -- 06/13/13 -- Lundin Petroleum AB (Lundin Petroleum) (TSX: LUP)(OMX: LUPE) is pleased to announce that the Johan Sverdrup appraisal well 16/2-17S found a gross column of 82 metres of oil bearing good quality sandstone of Jurassic age in PL265. Well 16/2-17B was drilled as a side-track west of the Johan Sverdrup [...]
STOCKHOLM, SWEDEN -- (Marketwired) -- 06/12/13 -- Lundin Petroleum AB (TSX: LUP)(OMX: LUPE) is pleased to announce that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has been awarded one exploration licence in the 22nd licensing round.
The awarded licence, PL708, is located in the south eastern Barents Sea. Lundin Norway will be [...]
STOCKHOLM, SWEDEN -- (Marketwired) -- 06/10/13 -- Lundin Petroleum AB (Lundin Petroleum) (TSX: LUP)(OMX: LUPE) through its wholly owned subsidiary Lundin Norway AS (Lundin Norway) is pleased to announce that drilling of appraisal well 16/3-6 in PL501 on the Johan Sverdrup field located in the North Sea sector of the Norwegian Continental Shelf [...]