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Poor field performance drags down Lundin results

Swedish independent Lundin Petroleum said high exploration costs and impairment charges have resulted in a negative impact on profits for the fourth quarter of 2012.

Poor performance: Lundin Petroleum's fourth quarter results are affected by exploration costs and considerable impairment charges
Poor performance: Lundin Petroleum's fourth quarter results are affected by exploration costs and considerable impairment charges
Published 21 January 2013, 09:42Updated 11 October 2016, 14:36
Europe