Lundin petroleum’s business model is to generate shareholder value through the exploitation of hydrocarbons. Lundin petroleum’s strategy of organic growth involves identifying core areas of focus and then establishing a team of professional technical staff with experience in those areas to use the latest technologies to explore for oil and gas. Commercial discoveries will be appraised, and where they are deemed to be economic, progressed through the development phase to the production stage. The cash flow generated from production will be reinvested in exploration and development. Lundin petroleum believes that it is through the development of this business model that it has achieved success in the past and will continue to deliver results in the future.

As an international oil and gas exploration and production company operating globally, Lundin Petroleum aims to explore for and produce oil and gas in an economically, socially and environmentally responsible way, for the benefit of all stakeholders, including shareholders, employees, business partners, host and home governments and local communities.

Lundin Petroleum applies the same standards to its activities worldwide to satisfy both its commercial and ethical requirements. Lundin Petroleum strives to continuously improve its performance and to act in accordance with good oilfield practice and high standards of corporate citizenship.