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    Lundin Petroleum AB Enters into Pre-Unit Agreement

    Investing News Network
    Mar. 27, 2012 05:31PM PST
    Resource Investing

    Lundin Petroleum AB (TSX:LUP) has entered into Pre-Unit Agreement for the joint development of the Johan Sverdrup field.

    Lundin Petroleum AB (TSX:LUP) has entered into Pre-Unit Agreement for the joint development of the Johan Sverdrup field.

    As quoted in the press release:

    The agreement also covers data exchange within the respective production licensees. Statoil has been elected as working operator for the pre-unit phase. Lundin Norway is the operator of PL501 and also has an interest in PL265.

    Click here to read the Lundin Petroleum AB (TSX:LUP) press release.

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