Lundin Petroleum AB Enters into Pre-Unit Agreement
Investing News Network - March 27th, 2012
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. 