The company has been awarded five licenses in the North Sea and four licenses in the Barents Sea.
Lundin has received interest in licenses PL148B, PL734, PL736 S, PL678 BS and PL741 in North Sea, as well as interest in PL767, PL766, PL764 and PL765 licenses in Barents Sea.
The company will serve as the operator for four of the awarded licenses, which include one in North Sea and three in Barents Sea.
Lundin Petroleum, which includes assets primarily located in Europe and South East Asia, has proven and probable reserves of about 202 million barrels of oil equivalent.
