Included
in
the
$1.7
billion
capital
expenditure
is
$1.1
billion
for
development
projects,
up
150%
on
the
previous
year,
which
will
include
the
development
of
the
Edvard
Grieg,
Brynhild
and
Boyla
fields.
Lundin
has
also
set
aside
$460
million
of
the
capital
expenditure
budget
for
exploration,
which
will
be
put
towards
activity
in
Norway
and
South
East
Asia.
The
company
plans
to
spend
$330
million
on
exploration
off
Norway
which
will
see
it
drill
10
wells
in
2013,
mainly
focused
around
the
Utsira
High
area.
In
South
East
Asia,
Lundin
has
budgeted
about
$150…
