Lundin Energy AB

During the fourth quarter of 2013 Lundin Petroleum (TSX:LUP)(OMX:LUPE) achieved a production rate of 31,100 barrels of oil equivalent per day (boepd) resulting in production for the full year of 32,700 boepd. The average Brent oil price for the fourth quarter of 2013 was USD 109 per barrel. The profitability of the fourth quarter of 2013 will be [...]

STOCKHOLM, SWEDEN--(Marketwired - Jan 14, 2014) - Lundin Petroleum AB (OMX:LUPE)(TSX:LUP) (Lundin Petroleum) through its wholly owned subsidiary Lundin Norway AS (Lundin Norway) is pleased to announce that drilling of exploration well 7222/11-2 in PL659 has commenced. The well will target the Langlitinden prospect, which is located some 80 km [...]

STOCKHOLM, SWEDEN--(Marketwired - Jan 8, 2014) - Lundin Petroleum AB (Lundin Petroleum) (OMX:LUPE)(TSX:LUP) is pleased to announce its 2014 development, appraisal and exploration budget which totals USD 2.1 billion. The 2014 expenditure on development projects is budgeted at USD 1.4 billion which represents a 25 percent increase on forecast 2013 [...]

STOCKHOLM, SWEDEN--(Marketwired - Jan 3, 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 16/3-8S on the Johan Sverdrup discovery located in the North Sea sector of the Norwegian Continental Shelf (NCS [...]

STOCKHOLM, SWEDEN--(Marketwired - Dec 20, 2013) - Lundin Petroleum AB (TSX:LUP)(OMX:LUPE), through its wholly owned subsidiary Lundin Norway AS (Lundin Norway), has completed the drilling of appraisal well 16/5-5 in PL410. The well targeted a possible southern extension of the Luno II discovery. The main objective of well 16/5-5 was to prove the [...]

STOCKHOLM, SWEDEN--(Marketwired - Dec 20, 2013) - Lundin Petroleum AB (TSX:LUP)(OMX:LUPE), through its wholly owned subsidiary Lundin Norway AS (Lundin Norway), is pleased to announce an update with respect to the progress on the Johan Sverdrup field. As announced in February 2013 a concept selection was scheduled to be agreed within the [...]

STOCKHOLM, SWEDEN--(Marketwired - Nov 19, 2013) - Lundin Petroleum AB (TSX:LUP)(OMX:LUPE) (Lundin Petroleum) through its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has completed exploration well 16/2-20S, located north of the Johan Sverdrup discovery in PL501, in the North Sea sector of the Norwegian Continental Shelf. A sidetrack [...]

STOCKHOLM, SWEDEN--(Marketwired - Nov 11, 2013) - 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 16/5-5 in PL410 has commenced. The well will target the Luno II South structure, located 9 km southeast of the Luno [...]

STOCKHOLM, SWEDEN--(Marketwired - Nov 7, 2013) - Lundin Petroleum AB (TSX:LUP)(OMX:LUPE) (Lundin Petroleum), through its wholly owned subsidiary Lundin Norway AS (Lundin Norway), announces that the Johan Sverdrup appraisal well 16/3-7, located in the south-eastern part of PL501, is completed. Appraisal well 16/3-7 is located at the south-eastern [...]

STOCKHOLM, SWEDEN--(Marketwired - Nov 6, 2013) - Lundin Petroleum AB (Lundin Petroleum) (TSX:LUP)(OMX:LUPE) is pleased to announce the composition of the Nomination Committee for the 2014 Annual General Meeting (AGM), in accordance with the resolution at the AGM in Lundin Petroleum on 8 May 2013. The 2014 AGM will be held on 15 May 2014 in [...]