Strong cash flow generation and liquidity means we have capacity to fund our organic growth, repay debt and pay dividends

Our strong operational performance combined with an improving macro environment has positioned Lundin Petroleum to be able to grow dividends at the same time as leaving capacity to fund an active organic growth strategy.

By maintaining our very low operating costs we will be able to deliver increased free cash flows and sustainable dividends, thereby continuing to create long-term value for our shareholders.

Strong production growth and low operating costs
» Production forecast to double by 2023 >170 Mboepd
» Industry leading opex ~4 USD/boe

Continued focus on organic growth 
» Proven track record of company making discoveries
» Pipeline of future organic growth opportunities

Financial transformational years ahead
» Strong cash flow generation and liquidity
» Capacity to fund growth, repay debt and pay dividends

Value realisation
» Sustainable dividend growth