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Lundin Petroleum

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Tiedotteet
14.4.
2021

Lundin Energy AB (Lundin Energy) will publish its financial report for the first quarter 2021 on Thursday, 29 April 2021. For the first quarter 2021, Lundin Energy will expense pre-tax exploration costs of approximately MUSD 81 and recognise a net foreign exchange loss of approximately MUSD 81.

Tiedotteet
30.3.
2021

The Annual General Meeting of Shareholders (AGM) of Lundin Energy AB (Lundin Energy or the Company) was held online today, Tuesday 30 March 2021.

As a consequence of the global COVID-19 pandemic, the Board of Directors decided to hold the Annual General Meeting as a virtual meeting combined with an option to vote by post in advance of the Annual General Meeting in accordance with the Swedish Act on Temporary Exemptions to Facilitate the Execution of General Meetings in Companies and Associations (SFS 2020:198).

Tiedotteet
26.3.
2021

Lundin Energy AB (Lundin Energy) announces that the first quarterly instalment of the proposed dividend of USD 0.45 per share will amount to SEK 3.89 per share, with a total amount of MSEK 1,106, corresponding to approximately MUSD 128. The proposed dividend, including the first quarterly dividend instalment, remains subject to approval by the 2021 Annual General Meeting (AGM) that will be held on 30 March 2021.

Information about the first quarterly instalment of the proposed dividend:

Tiedotteet
4.3.
2021

Lundin Energy AB (Lundin Energy) is pleased to announce that Nick Walker, President and CEO, will be presenting at a virtual town hall meeting for investors on Thursday, 18 March 2021 at 18:00 CET followed by a question and answer session, where he will be joined by Teitur Poulsen, CFO.

Tiedotteet
3.3.
2021

Lundin Energy AB (Lundin Energy) is pleased to announce the publication of the Annual Report and the Sustainability Report for 2020.

Tiedotteet
3.3.
2021

Lundin Energy AB (Lundin Energy) has published the report on payments made to governments by Lundin Energy and its subsidiaries during the year 2020. The report is available to download on Lundin Energy's website, www.lundin-energy.com.

Tiedotteet
25.2.
2021

The shareholders of Lundin Energy AB are hereby given notice of the Annual General Meeting to be held on Tuesday 30 March 2021 at 13.00 (CEST).

Tiedotteet
16.2.
2021

Further to the announcement on 12 February 2021, concerning potential strike action affecting production from the Johan Sverdrup field, Lundin Energy AB (Lundin Energy) announces that agreement has been reached between the SAFE union and the Norwegian Oil and Gas Association (NOROG). As such the threatened strike action has been called off and production operations at the Johan Sverdrup field will continue as normal.

Tiedotteet
13.2.
2021

Lundin Energy AB (Lundin Energy) notes the announcement from Equinor ASA regarding potential strike action by the Norwegian labour union SAFE, in relation to certain workers at the Mongstad terminal in Norway, from midnight on Monday 15 February 2021. This potential strike action could affect the storage capacity for the oil export from the Johan Sverdrup field and it could be necessary to shut down production from the field until further notice.

Tiedotteet
28.1.
2021
  • Strong financial performance with free cash flow generation of MUSD 448, operating cost below guidance at USD 2.69 per boe and reduced net debt to USD 3.9 billion
  • Balance sheet re-financed with USD 5 billion corporate facility with significantly improved terms
  • Board of Directors propose to increase 2020 dividend by 80 percent to USD 1.80 per share corresponding to MUSD 512
  • Record quarterly production in the fourth quarter of 185 Mboepd and 2021 production guidance set between 170 to 190 Mboepd
  • Johan Sverdrup Phase 1 plateau production raised to 500

Lundin Petroleum

Lundin Petroleum

Lundin Petroleum is one of Europe's leading independent oil and gas exploration and production companies with operations focused on Norway