LUPE.ST | Lundin Petroleum AB
About the Company
Lundin Petroleum is an independent oil and gas exploration and production company formed in 2001 and based in Sweden with focus on operations in Norway. It is listed on the Stockholm Stock Exchange. Market capitalisation at year end 2016 was SEK 67 billion which made Lundin Petroleum the largest independent E&P company in Europe in 2016, measured by market capitalisation. Lundin Petroleum had 714.1 MMboe of certified reserves at the end of 2016 of which 96 percent was in Norway and contingent resources amounted to 249 MMboe. The company’s commercial success is overshadowed by a Swedish war crimes investigation into the its past operations in Sudan. Chairman Ian Lundin and CEO Alex Schneiter are the suspects of the investigation.
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