STOCKHOLM, SWEDEN--(Marketwired - Mar 4, 2014) - Lundin Petroleum AB (Lundin Petroleum) (TSX:LUP)(OMX:LUPE) announces that the exploration drilling of the Balqis prospect in the Baronang PSC, Natuna Sea, Indonesia has been completed. Preliminary analysis of wireline logs indicates that the well encountered the targeted Oligocene Upper and Lower [...]
STOCKHOLM, SWEDEN--(Marketwired - Feb 25, 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 16/1-18 on the Edvard Grieg field located in the North Sea sector of the Norwegian Continental Shelf (NCS), has [...]
STOCKHOLM, SWEDEN--(Marketwired - Feb 21, 2014) - Lundin Petroleum AB (TSX:LUP)(OMX:LUPE) (Lundin Petroleum) is announcing, through its wholly owned subsidiary Lundin Norway AS (Lundin Norway), that well 7222/11-2 on the Langlitinden prospect in PL659 in the Barents Sea is being completed. Logs and samples have been acquired. Oil with very low [...]
STOCKHOLM, SWEDEN--(Marketwired - Feb 17, 2014) - Lundin Petroleum AB (TSX:LUP)(OMX:LUPE) (Lundin Petroleum) is pleased to announce that it has commenced the exploration drilling in the Baronang PSC, Natuna Sea, Indonesia using the drilling rig Hakuryu 11. Balqis-01 will be followed by a sidetrack, Boni-01. Balqis-01 is a wildcat oil exploration [...]
STOCKHOLM, SWEDEN--(Marketwired - Feb 17, 2014) - The Annual General Meeting ("AGM") of Lundin Petroleum AB (TSX:LUP)(OMX:LUPE) ("Lundin Petroleum") held on 8 May 2013 resolved to authorise the Board of Directors to decide on repurchases and sales of Lundin Petroleum shares on the NASDAQ OMX Stockholm Exchange or the Toronto Stock Exchange (the [...]
STOCKHOLM, SWEDEN--(Marketwired - Feb 13, 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 the partnerships for the Johan Sverdrup field have agreed a development concept for Phase 1 of the Johan Sverdrup field. Further to Lundin [...]
STOCKHOLM, SWEDEN--(Marketwired - Feb 11, 2014) - Lundin Petroleum AB (Lundin Petroleum) (OMX:LUPE)(TSX:LUP), through its wholly owned subsidiary Lundin Norway AS (Lundin Norway), announces that the side-track well 16/2-20A on the Torvastad target on PL501 in the North Sea sector of the Norwegian Continental Shelf (NCS), has been completed. Further [...]
STOCKHOLM, SWEDEN--(Marketwired - Feb 5, 2014) - Lundin Petroleum AB (TSX:LUP)(OMX:LUPE) - Fourth quarter ended 31 December 2013 (31 December 2012) Production of 31.1 Mboepd (35.9 Mboepd) Revenue of MUSD 288.2 (MUSD 346.9) EBITDA of MUSD 218.6 (MUSD 289.8) Operating cash flow of MUSD 204.8 (MUSD 237.4) Net result of MUSD 23.0 (MUSD -52.7) Twelve [...]
STOCKHOLM, SWEDEN--(Marketwired - Jan 31, 2014) - Lundin Petroleum's (TSX:LUP)(OMX:LUPE) financial report for the year end 2013 will be published at 07.00 Central European Time (CET) on Wednesday 5 February 2014. A live webcast presentation will be held at 9.00 CET. Ashley Heppenstall, President and CEO, and Mike Nicholson, CFO, will comment on the [...]
STOCKHOLM, SWEDEN--(Marketwired - Jan 29, 2014) - Lundin Petroleum AB (TSX:LUP)(OMX:LUPE) (Lundin Petroleum) is pleased to announce that the yearly Capital Market Day is being held in Oslo, Norway today, 29 January 2014, for analysts and institutional investors. "Lundin Petroleum remains firmly committed to creating value through exploration. In [...]
STOCKHOLM, SWEDEN--(Marketwired - Jan 28, 2014) - Lundin Petroleum AB (TSX:LUP)(OMX:LUPE) (Lundin Petroleum), through its wholly owned subsidiary Lundin Norway AS (Lundin Norway), announces that the side-track well 16/2-20A on the Torvastad prospect on PL501 in the North Sea sector of the Norwegian Continental Shelf (NCS), is in the process of [...]
STOCKHOLM, SWEDEN--(Marketwired - Jan 22, 2014) - Lundin Petroleum AB ("Lundin Petroleum") (TSX:LUP)(OMX:LUPE) is pleased to announce that as at 31 December 2013 its net proven and probable working interest reserves ("2P Reserves") are 194.1 million barrels of oil equivalent (MMboe), its best estimate ("2C") Contingent Resources excluding the Johan [...]