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  • Lundin Petroleum: Update on Edvard Grieg acquisition transaction
    édité le 01/06/2016 - Plus de news de "Lundin Petroleum" - Voir la fiche entreprise de "Lundin Petroleum"


Lundin Petroleum: Update on Edvard Grieg acquisition transaction
Further to the Edvard Grieg deal announcement on the 3 May 2016, Lundin Petroleum AB (Lundin Petroleum) is pleased to announce that the Norwegian Ministry of Petroleum and Energy has granted approval for the transaction where Lundin Norway AS will acquire from Statoil Petroleum AS an additional 15 percent interest in the Edvard Grieg field and interests in associated pipeline assets (the Transaction).

Following the Lundin Petroleum EGM approval received on the 30 May 2016, Lundin Petroleum expects to complete the Transaction on 30 June 2016.

About Lundin Petroleum

Lundin Petroleum is a Swedish independent oil and gas exploration and production company with a well balanced portfolio of worldclass assets primarily located in Europe and South East Asia. The Company is listed on NASDAQ Stockholm (ticker "LUPE"). Lundin Petroleum has proven and probable reserves of 685 million barrels of oil equivalents (MMboe) as at 31 December 2015.

About Statoil

Statoil ASA (OSE: STL, NYSE: STO) is an international energy company with operations in 36 countries. Building on 40 years of experience from oil and gas production on the Norwegian continental shelf, we are committed to accommodating the world's energy needs in a responsible manner, applying technology and creating innovative business solutions. We are headquartered in Stavanger, Norway, with approximately 23,000 employees worldwide, and are listed on the Oslo and New York stock exchanges.


Origine : Communiqué Lundin Petroleum

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