Commited to value creation

Lundin Petroleum recognises that the quality of its employee base has been its single greatest factor in delivering its success. We have been fully committed to investing in our talented and experienced employee base and the rewards are evident in the results that the Company has delivered.

Over the last ten years, Lundin Petroleum has been very successful in attracting and retaining the best possible industry talent. This has been achieved in spite of the skills shortage facing the industry. This shortage will become more acute in the coming years.

Lundin Petroleum has been able to grow a sound employer branding and reputation in many of its areas of operation, making it the employer of choice in the current market place. The Company off ers opportunities for personal growth and development across the range of professional disciplines that will continue to enable the Company to attract and retain a world class work force.

At the end of 2011 Lundin Petroleum directly employed approximately 300 people along with a further 200 consultants and contractors across our operations. This skill base of highly qualifi ed and experienced industry professionals is without doubt the essential and driving factor in the collective achievements of our successes to date.

Lundin Petroleum’s People Principles:

	Link reward and variable compensation to individual pre-determined performance objectives to encourage outstanding commitment and delivery, thereby enhancing value creation across all parts of Lundin Petroleum.
	Engagement, participation and involvement through our Performance Management Process.
	Support and encourage ongoing training and professional development.
	Pursue innovative recruitment and retention strategies.
	Promote a safe and respectful working environment for all employees where Health, Safety and Environment (HSE), diversity and equal opportunities are paramount to all and are enshrined in our Code of Conduct and the Lundin Petroleum Green Book.
	Continue to maintain a strong stability index across our people.

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LUNDIN PEOPLE		HANS CHRISTEN RØNNEVIK
		Job Title: Exploration Manager Location: Oslo, Norway Hans Christen has 40 years of exploration experience in Norway. Hans Christen joined Lundin Petroleum in 2004 and has been instrumental in the Company’s exploration successes in Norway.

LUNDIN PEOPLE		JOHAN BYSVEEN
		Job Title: Drilling Manager Location: Oslo, Norway Johan has 20 years of experience in offshore drilling projects. He has managed the Lundin Petroleum’s drilling activities in Norway since 2005.

LUNDIN PEOPLE		ELSE MARGRETHE GRANDAL
		Job Title:Senior Exploration Geologist Location: Oslo, Norway Else has over 20 years experience as exploration geologist in Norway. She has worked for Lundin Petroleum since 2008 and is responsible for field evaluation.

LUNDIN PEOPLE		AHMAD ZULYUSRI BIN ZAINAL ABIDI
		Job Title: Procurement Executive Location: Kuala Lumpur, Malaysia Zul has worked for Lundin Petroleum since 2008 and has been involved with oil and gas project work in South East Asia since 2001.

LUNDIN PEOPLE		PASCAL VANDERBISTE
		Job Title: Maintenance Technician Location: Montmirail, France Pascal joined Lundin Petroleum in 2006 and is working with maintenance and workover of production wells in the Paris Basin.

LUNDIN PEOPLE		SVETLANA BENKO
		Job Title: Head of Geophysical Operations Location: Moscow, Russia Svetlana has more than 20 years of industry experience in geology and geophysics. She joined Lundin Petroleum in 2006.