Lundin awarded stake in three Barents Sea blocks

Map by Lundin Petroleum

Lundin Norway, a subsidiary of Sweden’s Lundin Petroleum has been awarded three exploration licenses in the 24th licensing round in Norway.

All of the licenses are located in the southern Barents Sea with one of the licenses operated by Lundin Norway.

The awarded licenses are all located in the southern Barents Sea and close to licenses already held by Lundin Norway. PL962 and PL965 are located in the Fingerdjupet Sub-basin/Hoop area close to PL722/PL853 and PL960 is located in the Harstad Basin in the southwestern part of the Barents Sea, close to PL695.

Nick Walker, COO of Lundin Petroleum, said: “I am very pleased with the licenses awarded in the 24th licensing round that will further strengthen our significant acreage position in the southern Barents Sea. With these new licenses, we are expanding our access to key exploration areas where we already hold licences, continuing the same core area exploration strategy that led to a track record of the company making discoveries in Norway”.

The license awards are detailed below:

Licence         Lundin Norway license interest
PL960:                              20%
PL962:                              20%
PL965 (operator):          60%

 

Related

Share this article

Follow Offshore Energy Today

Events>

<< Nov 2018 >>
MTWTFSS
29 30 31 1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 1 2

OSEA2018 International Conference

The OSEA International Conference is regarded as one of the preferred knowledge exchange platforms in the region and with over 18,000…

read more >

IMCA Annual Seminar

The focus of this year’s seminar is on the industry finding new strategies and ways of working in today’s…

read more >

Mauritanides 2018

Mauritanides (11-13 Dec 2018) is the foremost and largest event for companies seeking to invest in the Mining…

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply