Lundin wins in Norwegian APA Licencing Round
Posted: 11 February 2008
Lundin Petroleum AB reported that its wholly owned subsidiary Lundin Norway AS has been awarded seven new exploration licence interests in the 2007 Norwegian APA Licencing Round.
These include four licences which will be operated by Lundin Petroleum. The licence interests detailed below are located in the North Sea, the Norwegian Sea and the Barents Sea.
The work program associated with the acquired licences includes the drilling of one exploration well and acquisition/interpretation of new and old seismic data.
"We are again pleased with this latest licencing round which highlights our continued commitment to exploration in Norway," said Ashley Heppenstall, President and CEO Lundin Petroleum.
"The awarded licences complement our existing Norwegian licence interests which together will ensure continued exploration drilling activity for Lundin Petroleum. Our objective is for further hydrocarbon discoveries to add to last years Luno find."
Posted by Richard Price, Editor, EnergyME.com
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