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Industry Center - Oil & Gas Drilling & Exploration
Industry Center > Oil & Gas Drilling & Exploration > Lundin Petroleum AB Company Profile
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Lundin Petroleum AB Company Profile
Europe and Asia are familiar territories for Lundin Petroleum. The oil and gas exploration and production company focuses on developing oil and gas assets in Cambodia, Congo, France, Indonesia, Ireland, Malaysia, the Netherlands, Norway, Russia, Tunisia, the UK, and Vietnam. In 2009 Lundin Petroleum reported proved and probable reserves of 217.5 million barrels of oil equivalent, the bulk of which was in the UK and Norwegian sectors of the North Sea. Oil accounts for more than 85% of the Lundin Petroleum's total reserves. The Lundin family owns 24% of the company. In 2010 Lundin Petroleum sold its Indonesian interests. It also announced plans to spin off its UK operations and assets as EnQuest.
Contact Information
Address: Hovslagargatan 5
SE-111 48 Stockholm, Sweden
Phone:+46-8-440-5450
Fax:+46-8-440-5459
Financial Highlights
Fiscal Year End:December
Revenue (2012):1319.50 M
Revenue Growth (1 yr):4.90%
Employees (2012):372
Key People
President, CEO, and Director: Ashley Heppenstall
EVP and COO: Alexandre Schneiter
VP Finance and CFO: Geoffrey Turbott
Industry Information
Sector: Basic Materials
Industry: Oil & Gas Drilling & Exploration
Top Competitors
Royal Dutch Shell plc
Statoil ASA
TOTAL S.A.
 


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