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MIL-OSI: Lundin Energy announces total resource additions of 200 percent of 2021 production

MIL-OSI: Lundin Energy announces total resource additions of 200 percent of 2021 production
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Norway: Lundin Energy announces total resource additions of 200 percent of 2021 production

Lundin Energy has announced that as at 31 December 2021, its proved plus probable net reserves (2P reserves) are 639 MMboe and its proved plus probable plus possible net reserves (3P reserves) are 799 MMboe. 2P reserves plus best estimate net contingent resources (total resources) are 1,019 MMboe, with a total resource replacement ratio for 2021 of 202 percent.

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Norway: Lundin Energy announces resource additions of 210 percent of 2020 production

Norway: Lundin Energy announces resource additions of 210 percent of 2020 production 12 Jan 2021 Lundin Energy has announced that as at 31 December 2020, its proved plus probable net reserves (2P reserves) are 671 million barrels of oil equivalent (MMboe) and its proved plus probable plus possible net reserves (3P reserves) are 826 MMboe. 2P reserves plus best estimate net contingent resources (total resource) are 946 MMboe, with a total resource replacement ratio for 2020 of 210 percent. Lundin Energy’s 2P reserves as at 31 December 2020 are 670.9 MMboe and reflect a positive revision of 39.3 MMboe. The 3P reserves as at 31 December 2020 are 826.0 MMboe and reflect a positive revision of 30.0 MMboe. The best estimate net contingent resources (2C resources) as at 31 December 2020 are 275.5 MMboe, which is an increase of 90.2 MMboe from year end 2019. The total resource as at 31 December 2020 are 946.4 MMboe, which reflects additions of 129.4 MMboe from year end 2019, including

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