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: 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 …