Lundin Petroleum (LUP) Stock Price, News & Analysis

Lundin Petroleum AB is a Sweden-based company, which explores, develops and produces oil and gas. The Company’s main business is the exploration, the development of, and the production of oil and gas. The Company maintains a portfolio of oil and gas production assets and development projects in various countries with exposure to exploration opportunities. The Company has exploration and production assets focused upon two core areas, Norway and South East Asia, as well as assets in France, the Netherlands and Russia. The Company holds around 61 licenses with activities spread between exploration, appraisal, development and production in Norway, and holds around 12 exploration licenses in Malaysia and Indonesia. On August 19, 2013, it acquired, together with another 14 oil companies, a Norwegian Petroleum seismic package for the southeastern part of the Barents Sea and the sea areas off Jan Mayen.