Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  NASDAQ OMX STOCKHOLM  >  Lundin Petroleum    LUPE   SE0000825820

LUNDIN PETROLEUM

(LUPE)
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsAnalyst Recommendations

Lundin Petroleum : Norway completes exploration well on Oppdal and Driva prospects

share with twitter share with LinkedIn share with facebook
share via e-mail
0
01/11/2019 | 07:34am EDT

Lundin Petroleum has announced that its wholly owned subsidiary Lundin Norway has completed exploration well 2/6-6S, targeting the Oppdal and Driva prospects in PL860 in the North Sea.

Both targets were dry. The main objective of the well was to test the reservoir properties and hydrocarbon potential of the Paleocene sandstones in the Oppdal prospect and of the deeper Rotliegendes sandstones in the Driva prospect, located in the Mandal High area of the southern Norwegian North Sea close to the Danish maritime border.

The well encountered the expected Paleocene and Rotliegendes intervals but with no hydrocarbons present. The second Mandal High area dual target well, Vinstra/Otta on the adjacent PL539 licence, will be drilled in 2019.

The well was drilled with the Rowan Viking jack-up drilling rig and was operated by MOL Norge with a 40 percent working interest. The partners are Lundin Norway with a 40 percent working interest and Petoro with a 20 percent working interest.

(c) 2019 ITP Business Publishing Ltd. All Rights Reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on LUNDIN PETROLEUM
05/24LUNDIN PETROLEUM : Exploration well completed on the Vinstra and Otta prospects ..
PU
05/24LUNDIN PETROLEUM : Exploration well completed on the Vinstra and Otta prospects ..
AQ
05/03Equinor first quarter beats forecast, Sverdrup field on track for November st..
RE
05/02LUNDIN PETROLEUM : Report for the three months ended 31 March 2019 (regulatory)
PU
05/02LUNDIN PETROLEUM : Report for the three months ended 31 March 2019
AQ
04/17LUNDIN PETROLEUM : Update on first quarter 2019 financial results and audiocast ..
AQ
04/09LUNDIN PETROLEUM : presses on with Rolvsnes extended well test
AQ
04/05LUNDIN PETROLEUM : Rolvsnes extended well test project sanction
AQ
04/04LUNDIN PETROLEUM : Rolvsnes extended well test project sanction
AQ
04/02LUNDIN PETROLEUM : Exploration well completed on the Gjøkåsen Deep prospect in t..
AQ
More news
Financials ($)
Sales 2019 2 165 M
EBIT 2019 1 246 M
Net income 2019 335 M
Debt 2019 3 370 M
Yield 2019 4,49%
P/E ratio 2019 28,22
P/E ratio 2020 12,28
EV / Sales 2019 5,90x
EV / Sales 2020 3,02x
Capitalization 9 401 M
Chart LUNDIN PETROLEUM
Duration : Period :
Lundin Petroleum Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends LUNDIN PETROLEUM
Short TermMid-TermLong Term
TrendsBearishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 26
Average target price 33,4 $
Spread / Average Target 21%
EPS Revisions
Managers
NameTitle
Alexandre Schneiter President, Chief Executive Officer & Director
Ian Henrik Lundin Chairman
Nicholas J. R. Walker Chief Operating Officer
Teitur Nolsøe Poulsen Chief Financial Officer
Lukas Henrik Lundin Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
LUNDIN PETROLEUM19.38%9 290
CNOOC LTD2.96%72 416
CONOCOPHILLIPS-5.36%67 155
EOG RESOURCES INC.-2.00%48 138
OCCIDENTAL PETROLEUM CORPORATION-19.66%36 885
ANADARKO PETROLEUM59.28%35 163