Online

Lundin shares slide on lower Sverdrup estimate

Shares in Swedish explorer Lundin Petroleum sank on Monday after it lowered resource expectations for the giant Johan Sverdrup discovery off Norway, with its latest appraisal at the find now to be tested.

Bredford Dolphin: the semi-submersible rig (above) has reached target depth at the 16/3-5 well off Norway
Bredford Dolphin: the semi-submersible rig (above) has reached target depth at the 16/3-5 well off Norway
Published 11 February 2013, 08:21Updated 11 October 2016, 14:44
Europe