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Lundin Petroleum Wins 5 Barents' Sea Licenses

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Lundin Petroleum Wins 5 Barents' Sea Licenses

Lundin Petroleum AB announced that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has been awarded five exploration licences in the 23rd Norwegian Licensing Round. All the licences are located in the southern Barents Sea with three of the licences being operated by Lundin Norway.

Loppa High awards PL609C and PL851 are both located on the Loppa High, east and northeast of the Lundin Norway’s operated Alta discovery. PL609C is operated by Lundin Norway and is located immediately to the east of the Alta discovery. This licence has been secured as protection acreage in the event that the Alta play fairway is shown to extend east and northeast wards. PL851 is operated by Lundin Norway and is located immediately to the north of PL609C. This acreage is mapped as containing…
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