19 licences awarded to Lundin Energy in the Norwegian licensing round

Source: press release, 19 January 2021

photo: Lundin Energy Norway
photo: Lundin Energy Norway

Lundin Energy AB has announced that its wholly owned subsidiary Lundin Energy Norway AS (together Lundin Energy), has been awarded a total of 19 exploration licence interests in the 2020 Awards in Predefined Areas (APA) licensing round, in Norway.

The award includes 15 licences in the North Sea, two licences in the Norwegian Sea and two licences in the Southern Barents Sea, seven of the newly awarded licences will be operated by Lundin Energy Norway.

The awards from this licensing round continue to build on the Company’s seven core exploration areas and increases by 23 percent the number of licences held by the Company. Supporting the Company’s strategy to execute an exploration programme which targets a combination of high value, near field opportunities and high potential, frontier exploration.

Lundin Energy Norway has been awarded the following new licenses:

  • North Sea: PL 1089 (operator (O)), PL 1087, PL 1084 (O), PL 1090, PL 1091 (O), PL 1092 (O), PL 1097, PL 1095 (O), PL 1094 (O), PL 1045B1, PL 820SB1, PL 1099, PL 1104, PL 1102 (O), PL 1106
  • Norwegian Sea: PL 1126, PL 1129
  • Barents Sea: PL 229G, PL 1131