Lundin Energy AB announces that its wholly owned subsidiary, Lundin Energy Norway AS (Lundin Energy), has been awarded two exploration licence interests in the 25th licensing round, in Norway.
The award comprises two licences in the Southern Barents Sea, consolidating the Company’s position around the Wisting discovery (Lundin Energy 10 percent working interest). Both of the awarded licences will be operated by Equinor with Lundin Energy as partner.
About Lundin Energy
Lundin Energy is an experienced Nordic oil and gas company that explores for, develops and produces resources economically, efficiently and responsibly. We focus on value creation for our shareholders and wider stakeholders through three strategic pillars: Resilience, Sustainability and Growth. Our high quality, low cost assets mean we are resilient to oil price volatility, and our organic growth strategy, combined with our sustainable approach and commitment to decarbonisation, firmly establishes our leadership role in a lower carbon energy future. (Nasdaq Stockholm: LUNE).