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STOCKHOLM, SWEDEN -- (Marketwire) -- 09/23/11 -- Lundin Petroleum AB (TSX: LUP)(OMX: LUPE) (Lundin Petroleum) is pleased to announce that the sidetrack (16/2-7A) of the second appraisal well, 16/2-7, has confirmed excellent quality oil bearing Upper Jurassic sandstone reservoir. The Avaldsnes field is located in license PL501 on…
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STOCKHOLM, SWEDEN -- (Marketwire) -- 09/22/11 -- Lundin Petroleum AB (Lundin Petroleum) (TSX: LUP)(OMX: LUPE) is pleased to announce the completion of the exploration well 16/2-9S (Aldous Major North). The well is located in license PL265 on the Norwegian Continental Shelf.The well 16/2-9S was drilled 12 km northwest…
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STOCKHOLM, SWEDEN -- (Marketwire) -- 09/20/11 -- Lundin Petroleum AB (Lundin Petroleum) (TSX: LUP)(OMX: LUPE) has completed the Batu Hitam exploration well located in Block PM308A, offshore the east coast of Peninsular Malaysia.The Batu Hitam-1 well tested the hydrocarbon potential of a large basement high structure located in…
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STOCKHOLM, SWEDEN -- (Marketwire) -- 09/07/11 -- Lundin Petroleum AB (Lundin Petroleum) (TSX: LUP)(OMX: LUPE) is pleased to announce that drilling of the exploration well Mindou Marine-1, located offshore in Block Marine XI Congo-Brazzaville, has commenced.The planned depth is approximately 3400 metres below mean sea level and the…
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STOCKHOLM, SWEDEN -- (Marketwire) -- 08/31/11 -- Lundin Petroleum AB (Lundin Petroleum) (TSX: LUP)(OMX: LUPE) is pleased to announce that the second appraisal well, 16/2-7, has confirmed the extension of the Avaldsnes field approximately 5.5 kilometres south of the 16/2-6 discovery well and 4.5 kilometres south-west of the…
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STOCKHOLM, SWEDEN -- (Marketwire) -- 08/24/11 -- Lundin Petroleum AB (Lundin Petroleum) (TSX: LUP)(OMX: LUPE) is pleased to announce that drilling of appraisal/exploration well 16/2-9S on the Aldous Major North structure has commenced. The well is located in licence PL265 in the Norwegian North Sea.The Aldous Major North…
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STOCKHOLM, SWEDEN -- (Marketwire) -- 08/19/11 -- Lundin Petroleum AB (Lundin Petroleum) (TSX: LUP)(OMX: LUPE) is pleased to announce that it has commenced the drilling of the Batu Hitam prospect located in Block PM308A, offshore the east coast of Peninsular Malaysia.The Batu Hitam-1 well will test the hydrocarbon…
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STOCKHOLM, SWEDEN -- (Marketwire) -- 08/08/11 -- Lundin Petroleum AB (TSX: LUP)(OMX: LUPE) (Lundin Petroleum) is pleased to announce that the drilling of exploration/appraisal well 16/2-8 on the Aldous South prospect in PL265 in the Norwegian North Sea has resulted in a significant oil discovery. The discovery is…
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STOCKHOLM, SWEDEN -- (Marketwire) -- 08/04/11 -- Lundin Petroleum AB (Lundin Petroleum) (TSX: LUP)(OMX: LUPE) is pleased to announce that it has made a second gas discovery with the Cempulut-1 well that was drilled in Block SB303, offshore Sabah, East Malaysia.Cempulut-1 was drilled with the Offshore Courageous rig…
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STOCKHOLM, SWEDEN -- (Marketwire) -- 08/03/11 -- Lundin Petroleum AB (TSX: LUP)(OMX: LUPE) -Six months ended 30 June 2011Second Quarter ended 30 June 2011Comments from C. Ashley Heppenstall, President and CEOLundin Petroleum achieved excellent results in the second quarter of 2011 with increased profitability and cash flow. What…