Lundin Scores in Norwegian Licensing Round
Lundin Petroleum AB announced that its wholly owned subsidiary Lundin Norway AS has been awarded 10 exploration license interests in the 2011 Norwegian Licensing Round, (Awards in Predefined Areas, APA). The awarded licenses include one license in the Greater Luno Area and two licenses in the Barents Sea. Four of the awarded licenses will be operated by Lundin Petroleum.
The license interests are detailed below.
|License||Lundin Petroleum License Interest|
|PL495B (Block 7/1)*||60% - North Sea|
|PL609B (Blocks 7120/1,2)*||40% - Barents Sea|
|PL625 (Blocks 25/10)*||40% - Greater Luno Area|
|PL631 (Blocks 33/9, 11)*||60% - North Sea|
|PL639 (Blocks 6201/7, 8, 10 & 11)||20% - Norwegian Sea|
|PL641 (Blocks 6204/7, 8, 10 & 11)||30% - Norwegian Sea|
|PL646 (Blocks 6507/8, 9)||20% - Norwegian Sea|
|PL653 (Blocks 6607/3)||30% - Norwegian Sea|
|PL654 (Blocks 6608/2, 3)||30% - Norwegian Sea|
|PL659 (Blocks 7121/2, 7122/1, 2, 7221/12, 7222/10, 11, 12)||20% - Barents Sea|
*operator Lundin Petroleum
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