STOCKHOLM, SWEDEN--(Marketwired - Aug 6, 2014) - Lundin Petroleum AB (TSX:LUP)(OMX:LUPE) - Six months ended 30 June 2014 (30 June 2013) Production of 28.1 Mboepd (35.2 Mboepd) Revenue of MUSD 460.8 (MUSD 594.1) EBITDA of MUSD 349.3 (MUSD 517.6) Operating cash flow of MUSD 497.0 (MUSD 498.6) Net result of MUSD 0.8 (MUSD 48.2) Net debt of MUSD [...]
STOCKHOLM, SWEDEN--(Marketwired - Aug 6, 2014) - Lundin Petroleum AB (TSX:LUP)(OMX:LUPE) (Lundin Petroleum) through its wholly owned subsidiary Lundin Norway AS (Lundin Norway) is pleased to announce that drilling of exploration well 7220/11-1 in PL609 has commenced. The well will target the Alta prospect, which is located some 20 km northeast of [...]
STOCKHOLM, SWEDEN--(Marketwired - Aug 6, 2014) - Lundin Petroleum AB (TSX:LUP)(OMX:LUPE) (Lundin Petroleum) is pleased to announce that it has completed the first well in its 2014 Malaysian drilling campaign with the successful drilling and testing of Tembakau-2 appraisal well in Block PM307, offshore Malaysia. Tembakau-2 was drilled by the jackup [...]
STOCKHOLM, SWEDEN--(Marketwired - Jul 28, 2014) - Lundin Petroleum AB (TSX:LUP)(OMX:LUPE) A live audiocast presentation will be held on Wednesday, 6 August 2014 at 9.00 Central European Time (CET). The second quarter report 2014 will be published at 08.00 CET. Ashley Heppenstall, President and CEO, and Mike Nicholson, CFO, will comment on the [...]
STOCKHOLM, SWEDEN--(Marketwired - Jul 21, 2014) - 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 7120/1-4S in the western part of the Gohta discovery in PL492 has been successfully completed. The well was drilled [...]
STOCKHOLM, SWEDEN--(Marketwired - Jul 10, 2014) - Lundin Petroleum AB (TSX:LUP)(OMX:LUPE) (Lundin Petroleum) is pleased to announce that it has entered into an agreement with Arawak Energy Russia BV (Arawak), to sell Lundin Petroleum's entire interests in the Sotchemyu-Talyu and the North Irael Fields, Komi Region, Russia. Lundin Petroleum holds a [...]
STOCKHOLM, SWEDEN--(Marketwired - Jul 4, 2014) - Lundin Petroleum AB (TSX:LUP)(OMX:LUPE) (Lundin Petroleum) through its wholly owned subsidiary Lundin Norway AS (Lundin Norway) is pleased to announce that it has entered into an agreement to sell an additional 15 percent interest in PL359, which contains the Luno II discovery. Lundin Norway will [...]
STOCKHOLM, SWEDEN--(Marketwired - Jun 23, 2014) - Lundin Petroleum AB (TSX:LUP)(OMX:LUPE) (Lundin Petroleum), through its wholly owned subsidiary Lundin Norway AS (Lundin Norway), is pleased to announce that drilling of appraisal well 16/4- 8 S on the Luno II discovery has commenced. The Luno II discovery is located approximately 15km south of the [...]
STOCKHOLM, SWEDEN--(Marketwired - Jun 19, 2014) - Lundin Petroleum AB (TSX:LUP)(OMX:LUPE) (Lundin Petroleum) is pleased to announce that it has commenced the first well in its 2014 Malaysian drilling campaign with the spud of the Tembakau-2 appraisal well in Block PM307, offshore Malaysia. The well will target stacked gas reservoirs in Miocene aged [...]
STOCKHOLM, SWEDEN--(Marketwired - Jun 17, 2014) - Lundin Petroleum AB (TSX:LUP)(OMX:LUPE) (Lundin Petroleum) through its wholly owned subsidiary Lundin Norway AS (Lundin Norway) is pleased to announce that it has entered into agreements to acquire an additional 25 percent interest in PL359, which contains the Luno II discovery. Lundin Norway will [...]
STOCKHOLM, SWEDEN--(Marketwired - Jun 9, 2014) - Lundin Petroleum AB (TSX:LUP)(OMX:LUPE) The Brynhild project is progressing at a slower pace than anticipated due to commissioning issues related to the FPSO operated by Shell on the Pierce Field in the UK sector. The upstream portion of the Brynhild project operated by Lundin Petroleum is [...]
STOCKHOLM, SWEDEN--(Marketwired - May 30, 2014) - Reference is made to the press release dated 15 May 2014 regarding the Annual General Meeting of Lundin Petroleum AB's (TSX:LUP)(OMX:LUPE) ("Lundin Petroleum") resolutions to reduce the company's share capital through cancellation of shares held in treasury and to increase the company's share [...]