ORRÖN ENERGY AB Lundin Energy
Corporate Presentation
October 2021
WF12736 p01
Lundin Energy
A Leading European Independent E&P Company
Industry | FCF | Carbon Neutral | |||
>1bn | Production | leading Opex | breakeven 1 | Dividend | by |
>200 | 3.0 | ~10 | 1.8 | 2023 | |
barrels of reserves | Mboepd | USD/boe 2021 | USD/boe | USD/share | |
and resources | |||||
by 2023 | guidance | ||||
WF12736 p02 09.21
Top quartile
ESG ratings
- Average 2021-2026 Note: all guidance is from 2021 CMD presentation
Lundin Energy | 2 |
Lundin Energy
Consistent Focused Strategy Capital
discipline
Organic
production
growth
Strong
free cash flow
generation
WF12736 p21 01.21
Low
breakeven
price
projects
Innovative,
efficient,
technology
driven
Resilience
Sustainability
Growth
Sustainable
dividend
growth
Decarbonisation
strategy
Lundin Energy | 3 |
Lundin Energy
Growth Strategy
Norway Pure Play
Southern Barents Sea
WF12736 p03 10.21
Opportunistic
acquisitions
Maximise recovery/ step-outs
Multiple
Growth
Opportunities
Frontier
Area
Exploration
7 Core Areas
~85 Licences
Mature
BasinNorwegian Sea
Exploration
Northern North Sea
Alvheim Area
Utsira High Area
Sele High
Southern North Sea
Lundin
prospective resources (1)
~3
Bn boe
- Net unrisked prospective resources
Lundin Energy | 4 |
Lundin Energy
Long-term Production Growth
Full year guidance
180-195
165 Mboepd(1)
Mboepd
20202021
9x increase from 2015
>200
Mboepd
2023
Sustain
>200
Mboepd
with upsides/ new projects
Delivering guidance or better for
24
quarters running
WF12736 p06 08.21 | (1) Guidance increased in June 2021 from original guidance of 170-190 Mboepd |
Lundin Energy | 5 |
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Lundin Energy AB published this content on 04 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 October 2021 13:48:09 UTC.
