Lundin Petroleum Secures Seven Exploration Licences in 2012 APA, Norway

Lundin Petroleum AB (“Lundin Petroleum”) announces that its wholly owned subsidiary Lundin Norway AS has been awarded seven exploration licence interests in the 2012 Norwegian Licensing Round (Awards in Predefined Areas, APA).

The awarded licences include four licences in the North Sea, two in the Norwegian Sea as well as one licence in Barents Sea. Two of the awarded licences will be operated by Lundin Petroleum.

The licence interests are detailed below:

– PL203B (Block 25/4): 15% – Alvheim Area, North Sea

– PL673 (Block 16/1): 60% – Greater Luno Area, North Sea

– PL678S (Blocks 26/1, 2 & 4, 31/10): 20% – Northern Utsira High, North Sea

– PL685 (Blocks 34/6, 35/1 & 4): 20% – Northern North Sea

– PL694 (Blocks 6607/4, 5 & 6): 20% – Norwegian Sea

– PL700 (Blocks 6206/11 & 12): 40% – Norwegian Sea

– PL695 Blocks 7018/3, & 6, 7019/1): 40% – Barents Sea

[mappress]
Press Release, January 16, 2013