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12 licences awarded in the Norwegian licensing round

APA 2019 licence awards

12 licences awarded in the Norwegian licensing round

14 January 2020

Lundin Petroleum AB (Lundin Petroleum) is pleased to announce that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has been awarded a total of 12 exploration licence interests in the 2019 Awards in Predefined Areas (APA) licensing round, in Norway.

The award includes 7 licences in the North Sea, 2 licences in the Norwegian Sea and 3 licences in the Southern Barents Sea, 7 of the awarded licences will be operated by Lundin Norway.

The awards from this licensing round continue to build on the Company’s seven core exploration areas and increases by 15 percent the number of licences held by the Company.

 The licence interests are detailed below and maps of their location are provided in the link below.

 

LicencesBlockWorking InterestLicence Area
PL1041Block 24/1230%North Sea
PL1051*Block 31/3, 32/1, 35/12, 36/1040%North Sea
PL1032*Block  2/7, 1040%North Sea
PL1045Block 25/415%North Sea
PL987B1Block 30/820%North Sea
PL917B1Block 25/1020%North Sea
PL1048*Block 30/1, 2, 34/1150%North Sea
PL1069*Block 6505/6,9, 6506/1,4,750%Norwegian Sea
PL1057Block 6302/2,3, 6303/1, 2,3, 6402/11,12, 6403/10,11,1230%Norwegian Sea
PL1082*Block 7225/6,8,9, 7226/4,5,6,7,8,9,11,12, 7227/4,5,7,850%Southern Barents Sea
PL1083*Block 7228/2,3,5,6, 7229/1,2,3,4,5,6, 7230/1,2,3,4,5,6, 7231/4, 7329/10,11,12, 7330/10,11,1240%Southern Barents Sea
PL609D1*Block 7120/240%Southern Barents Sea

*Operator Lundin Norway

1 Geographical extension of the licence area.