Lundin sells Jotun field interest

Lundin Norway AS has sold its 70% interest in license PL103B to Det Norske Oljeselskap for $14 million.

Offshore staff

STOCKHOLM, Sweden -- Lundin Norway AS has sold its 70% interest in license PL103B to Det Norske Oljeselskap for $14 million. The 70% interest comprises a 7% unitized interest in the Jotun oil and gas field offshore Norway.

The completion of the sale is subject to government and partner approval.

03/14/2008

More in Company News