Lundin Petroleum: Secures Production License for the Morskaya Field in the Russian Caspian Sea
Lundin Petroleum AB (Lundin Petroleum) is pleased to announce that Rosnedra, the Russian licensing authority has issued a production licence for Morskaya field located within the Lagansky Block in the Russian part of the Caspian Sea. The production licence is valid until 2035 and covers approximately 50 km². The Morskaya …
Lundin Petroleum: Appoint Nick Walker as Senior Vice President Development and Operations
Lundin Petroleum AB (Lundin Petroleum) is pleased to announce that Mr. Nick Walker will join Lundin Petroleum’s management team as Senior Vice President Development and Operations. Mr. Walker will join Lundin Petroleum with immediate effect and will have the responsibility of overseeing all worldwide development projects as well as being …
Lundin Petroleum: Report For The Nine Months Ended 30 September 2013
Third quarter ended 30 September 2013 (30 September 2012) Production of 29.4 Mboepd (36.6 Mboepd) – Reduced production due to the planned Alvheim FPSO shutdown in August and integrity issues on certain Alvheim wells. Revenue of MUSD 279.8 (MUSD 343.3) EBITDA of MUSD 222.1 (MUSD 273.6) Operating cash flow of …
Lundin Petroleum: Appoints Mike Nicholson as Chief Financial Officer
Lundin Petroleum AB is pleased to announce the appointment of Mr Mike Nicholson as Chief Financial Officer (CFO) following the decision of Mr Geoff Turbott to step down for personal reasons following 10 years in this position. Mr Nicholson has worked for the Company since 2005 through various roles and …