Lundin receives four licenses to Norway North Sea

Norway awarded Lundin Petroleum AB's wholly owned subsidiary Lundin Norway AS four exploration license interests in the 2008 Norwegian Licensing Round Awards in Predefined Areas in the North Sea.

Dec. 23, 2008

By OGJ editors
HOUSTON, Dec. 22-- Norway awarded Lundin Petroleum AB's wholly owned subsidiary Lundin Norway AS four exploration license interests in the 2008 Norwegian Licensing Round Awards in Predefined Areas in the North Sea.

Lundin will operate Blocks 7/2, 4, 5, and 8 with a 60% stake and Blocks 16/2, 3, 5, and 6 with a 40% stake.

In addition, Lundin holds a 40% interest in Block 15/12 and a 30% interest in Block 25/7, 10.