Lundin Petroleum AB to Develop the Bøyla Field

Lundin Petroleum AB (TSX:LUP) and the Bøyla partners submitted a plan to develop the Bøyla field.

As quoted in the press release:

The Bøyla development is expected to begin production during the fourth quarter of 2014. Lundin Petroleum holds 15 percent together with partners ConocoPhillips Skandinavia (20 percent) and Marathon Oil Norge AS (Marathon) as operator (65 percent).

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