Lundin Energy AB

STOCKHOLM, SWEDEN--(Marketwired - Feb 13, 2015) - Lundin Petroleum AB (Lundin Petroleum) (OMX:LUPE) is pleased to announce that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) together with its partners Statoil (operator), Maersk Oil, Det norske oljeselskap and Petoro, will today submit a plan for development and operation (PDO) for [...]

STOCKHOLM, SWEDEN--(Marketwired - Feb 6, 2015) - Lundin Petroleum AB (Lundin Petroleum) (OMX:LUPE), through its wholly owned subsidiary Lundin Norway AS (Lundin Norway), has completed the drilling of wildcat well 26/10-1. The well investigated the hydrocarbon potential of the Zulu prospect in PL674BS, which is located 100 km west of Stavanger on [...]

STOCKHOLM, SWEDEN--(Marketwired - Feb 4, 2015) - Lundin Petroleum AB (OMX:LUPE) - Twelve months ended 31 December 2014 (31 December 2013) Production of 24.9 Mboepd (32.7 Mboepd)(1) Revenue of MUSD 785.2 (MUSD 1,132.0) EBITDA of MUSD 671.3 (MUSD 955.7) Operating cash flow of MUSD 1,138.5 (MUSD 967.9) Net result of MUSD -431.9 (MUSD 72.9 [...]

STOCKHOLM, SWEDEN--(Marketwired - Feb 3, 2015) - Lundin Petroleum AB (OMX:LUPE) (Lundin Petroleum) is pleased to announce that the yearly Capital Market Day is being held in Oslo, Norway, Wednesday 4 February 2015, for analysts and institutional investors. "Lundin Petroleum remains on schedule to achieve first oil from the Bertam and Edvard Grieg [...]

STOCKHOLM, SWEDEN--(Marketwired - Jan 26, 2015) - A live webcast presentation will be held on Wednesday, 4 February 2015 at 9.00 Central European Time (CET), following the release of Lundin Petroleum's financial report for the year end 2014. The report will be published at 07.00 CET. Ashley Heppenstall, President and CEO, and Mike Nicholson, CFO [...]

STOCKHOLM, SWEDEN--(Marketwired - Jan 21, 2015) - Lundin Petroleum AB ("Lundin Petroleum") (OMX:LUPE) is pleased to announce that its wholly owned subsidiary Lundin Norway AS has been awarded eight exploration licence interests in the 2014 Norwegian Licensing Round (Awards in Predefined Areas, APA). The awarded licences include six licences in the [...]

STOCKHOLM, SWEDEN--(Marketwired - Jan 21, 2015) - During the fourth quarter of 2014 Lundin Petroleum (OMX:LUPE) achieved an average production rate of 22,000 barrels of oil equivalent per day (boepd) resulting in an average production rate for the full year of 24,950 boepd. The average Brent oil price for the fourth quarter of 2014 was USD 76.58 [...]

STOCKHOLM, SWEDEN--(Marketwired - Jan 20, 2015) - Lundin Petroleum AB (Lundin Petroleum) (OMX:LUPE), through its wholly owned subsidiary Lundin Norway AS (Lundin Norway), is pleased to announce that drilling of exploration well 26/10-1 in PL674BS has commenced. The well will investigate the hydrocarbon potential of the Zulu prospect in PL674BS [...]

STOCKHOLM, SWEDEN--(Marketwired - Jan 20, 2015) - Lundin Petroleum AB (Lundin Petroleum) (OMX:LUPE) announces that Mr. Chris Bruijnzeels, Senior Vice President Development, will step down at the end of January 2015 following 12 years with the Company. Mr. Bruijnzeels has worked in various technical, commercial and managerial positions within the [...]

STOCKHOLM, SWEDEN--(Marketwired - Jan 19, 2015) - Lundin Petroleum AB (Lundin Petroleum) (OMX:LUPE) is pleased to announce that first oil from the Bøyla field has been achieved. The Bøyla field commenced production on 19 January 2015. The Bøyla field, located on PL340 in the Norwegian sector of the North Sea, is a subsea tie-back to the Alvheim field where Lundin Petroleum has a 15 percent non-operated interest. The Bøyla field is estimated to contain gross reserves of 23 million barrels of oil equivalents and is expected to produce at a gross peak rate of approximately 20,000 barrels of oil equivalent per day (boepd) once the second production well has been completed, although the plateau rate is expected to be ... [...]