Lundin Energy Doubles Down on Arctic Oil with Idemitsu Deal
Transaction Type
Sellers
Buyers
Basin
Barents Sea
Announce Date
Post Date
Estimated Price
$125.0MM
Description
To buy stakes in several oil discoveries in the Barents Sea adding adding 70 MMboe in reserves; includes 10% stake in the Wisting oil discovery plus increases holdings in the Alta find and Polmak exploration well.