Lundin Announce Update on Edvard Grieg acquisition

Further to the Edvard Grieg deal announcement on the 3 May 2016, Lundin Petroleum AB (Lundin Petroleum) announced that the Norwegian Ministry of Petroleum and Energy has granted approval for the transaction where Lundin Norway AS will acquire from Statoil Petroleum AS an additional 15 percent interest in the Edvard Grieg field and interests in associated pipeline assets (the Transaction).
Following the Lundin Petroleum EGM approval received on the 30 May 2016, Lundin Petroleum expects to complete the Transaction on 30 June 2016.
Source: Lundin Petroleum
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