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Lundin Petroleum

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Tiedotteet
25.11.
2021

Lundin Energy AB (Lundin Energy) is pleased to invite investors to a virtual corporate presentation, held by Nick Walker, President and CEO, on Wednesday, 8 December 2021 at 18.00 CET. The presentation will be followed by a question and answer session, where Nick will be joined by Teitur Poulsen, CFO. There is no specific agenda for the presentation but it will be an opportunity to hear the latest news from the Company and give the opportunity to ask questions of management.

Tiedotteet
16.11.
2021

Lundin Energy AB (Lundin Energy) is pleased to announce that it has been included in the S&P Global Dow Jones Sustainability Europe Index (DJSI) for the first time, and ranked as one of the top three Companies in Europe within its industry. The DJSI comprises European ESG leaders and represents the top 20 percent of ranked companies from the largest 600 European companies in the

Tiedotteet
12.11.
2021

Lundin Energy AB (“Lundin Energy” or the “Company”) has further considered the Swedish Prosecution Authority’s criminal charges against Ian H. Lundin and Alex Schneiter for complicity in crimes against international law, gross crime, following the Company’s initial announcement on 11 November 2021.

Tiedotteet
11.11.
2021

Lundin Energy AB (“Lundin Energy” or the “Company”) announces that the Swedish Prosecution Authority has today brought criminal charges against Chairman of the Board Ian H. Lundin and Director Alex Schneiter in relation to past operations in Sudan from 1999-2003 and 2000-2003, respectively.

Tiedotteet
10.11.
2021

Lundin Energy AB (Lundin Energy) is pleased to note that following the license partners support for development concept selection, Equinor ASA, the operator of Wisting in the development phase, has now awarded the front-end engineering and design (FEED) contracts.

Tiedotteet
29.10.
2021
  • Quarterly revenue of USD 1.5 billion with a realised oil price of USD 72 per barrel for the third quarter
  • Record free cash flow generation of USD 1.6 billion for the first nine months, operating costs below guidance at USD 2.9 per boe and net debt reduced to USD 2.6 billion
  • Board of Directors anticipates to propose to the Annual General Meeting 2022, a 2021 dividend of USD 2.25 per share, corresponding to MUSD 640, an increase of 25 percent from 2020 dividend
  • Record production of 194 Mboepd for third quarter and full year production anticipated towards the
Tiedotteet
29.10.
2021

Given the favourable market conditions and operating environment year to date and should such conditions prevail for the rest of the year, the Board of Directors of Lundin Energy AB anticipates to propose to the Annual General Meeting 2022, to increase the 2021 dividend by 25 percent to USD 2.25 per share compared to the 2020 dividend, corresponding to MUSD 640 (rounded off), to be paid in quarterly

Tiedotteet
28.10.
2021

Lundin Energy AB is pleased to announce that its wholly-owned subsidiary, Lundin Energy Norway AS (together Lundin Energy or the Company), has entered into an agreement with OMV (Norge) AS (OMV) to acquire their entire 25 percent working interest in the Wisting development in the southern Barents Sea, for USD 320 million. The acquisition takes Lundin Energy’s working interest to 35 percent in the 500 million barrel oil (MMbo) development.

Highlights

Tiedotteet
14.10.
2021

Lundin Energy AB (Lundin Energy) will publish its financial report for the third quarter 2021 on Friday, 29 October 2021. For the third quarter 2021, Lundin Energy will expense pre-tax exploration and appraisal costs of approximately MUSD 38 and recognise a net foreign exchange loss of approximately MUSD 97.

Tiedotteet
1.10.
2021

Lundin Energy AB (Lundin Energy) announces first oil from the operated Solveig field was achieved on Thursday 30 September 2021. Solveig is a subsea tie back development into the Edvard Grieg platform.

Lundin Petroleum