APA 2018 – 15 licences awarded in the Norwegian licensing round
15 January 2019
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 15 exploration licence interests in the 2018 Norwegian licensing round (Awards in Predefined Areas, APA).
The record-high award includes 8 licences in the North Sea, 2 licences in the Norwegian Sea and 5 licences in the southern Barents Sea. 9 of the awarded licences will be operated by Lundin Norway.
The awards from this licensing round builds on the Company’s existing six core areas and will support starting to build a new position in the Norwegian North Sea close to the Horda platform area.
The licence interests are detailed below and maps of their location are provided on the following page.
|Licence||Block|| Lundin Norway
|PL991||34/7, 8||40%||North Sea|
|PL998||6306/7, 8||30%||Norwegian Sea|
|PL1011||6509/11,12; 6510/10||40%||Norwegian Sea|
|PL1023||7123/6; 7124/1,2,4,5||50%||Southern Barents Sea|
|PL767B*1||7120/3; 7121/1,2,3; 7122/1||50%||Southern Barents Sea|
|PL902B*1||7120/1,2||40%||Southern Barents Sea|
|PL1027*||7220/3; 7221/1,2,4,5||40%||Southern Barents Sea|
|PL1029*||7221/3; 7222/1,2,3; 7321/12; 7322/10,11,12||40%||Southern Barents Sea|
|*operator Lundin Norway
1 Geographical extension of existing licence