Licence Lundin Petroleum licence interest
PL544 (Block 16/4)*: 70%
PL546 (Block 25/11,12)*: 60%
PL547 (Block 25/7): 30%
PL505 (Block 25/7): 30%
PL340 (Block 24/9): 15%
PL555 (Block 33/2)*: 60%
PL563 (Block 7119/6, 7120/4)*: 40%
*operator Lundin Petroleum
Ashley Heppenstall, President and CEO of Lundin Petroleum comments:"We are very pleased with this latest licencing round. The awarded licences complement our existing Norwegian licence interests which together will ensure continued exploration activity for us in Norway."
Lundin Petroleum is a Swedish independent oil and gas exploration and production company with a well balanced portfolio of world-class assets in Europe, Africa, Russia and the Far East. The Company is listed at the Nordic Exchange, Sweden (ticker "LUPE"). Lundin Petroleum has proven and probable reserves of 265 million barrels of oil equivalent (mmboe).
For further information, please contact:
C. Ashley Heppenstall,
President and CEO
Tel: +41 22 595 10 00
or
Maria Hamilton
Head of Corporate Communications
Tel: +41 22 595 10 00
Tel: 08-440 54 50
LUNDIN PETROLEUM AWARDED SEVEN NEW LICENCES IN NORWEGIAN LICENSING ROUND
Lundin Petroleum AB ("Lundin Petroleum") is pleased to announce that its wholly owned subsidiary Lundin Norway AS has been awarded seven new exploration licence interests in the 2009 Norwegian Licensing Round, Awards in Predefined Areas (APA). These include four licences which will be operated by Lundin Petroleum. The licence interests are detailed below.
| Source: Orrön Energy AB