Sweden's Lundin Petroleum names new chairman, CEO

June 4, 2002
Ian Lundin, president of Swedish oil and gas exploration company Lundin Petroleum AB, also has been named chairman of the company.

By OGJ editors

HOUSTON, June 4 -- Ian Lundin, president of Swedish oil and gas exploration company Lundin Petroleum AB, also has been named chairman of the company. Lundin succeeds Adolf Lundin, who is relinquishing his top spot after serving in the position for 22 years.

Additionally, Ashley Heppenstall has been appointed as Lundin Petroleum's managing director and CEO.

Adolf Lundin noted, "I believe it is time to pass the torch to a younger generation. Ian Lundin, who has been president for 13 years, has proven himself capable of filling the role of chairman and of driving the company to continued success."