Lundin Norway Wins Four Licences in Norwegian Licensing Round

Source: www.gulfoilandgas.com 1/17/2017, Location: Europe

Lundin Petroleum AB (Lundin Petroleum) is pleased to announce that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has been awarded four exploration licence interests in the 2016 Norwegian Licensing Round (Awards in Predefined Areas, APA). The awarded licences include one licence in the North Sea, two licences in the Norwegian Sea and one licence in the southern Barents Sea. Two of the awarded licences will be operated by Lundin Norway.

The licence interests are detailed below:

- PL869 (Blocks 24/9, 12 and 25/7): 20% - Central North Sea
- PL886* (Blocks 6306/6, 8, 9): 40% - Norwegian Sea
- PL896 (Blocks 6610/2, 3 and 6611/1, 2): 20% - Norwegian Sea
- PL902* (Blocks 7120/1, 2, 3, 4, 5, 6): 50% - Southern Barents Sea

*operator Lundin Norway


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