Lundin's record output doubles earnings

Sweden's Lundin Energy has outdone itself in several senses in Q3 during which the oil price reached new levels.

BY MATHIAS JULIUS FALKENGAARD, TRANSLATED BY CHRISTOFFER ØSTERGAARD & LORA BARNES

A realized oil price of USD 72 per barrel was instrumental for Swedish oil company Lundin Energy (formerly Lundin Petroleum), which has major interests in the Norwegian sector of the North Sea, in ensuring revenue of USD 1.48bn in Q3.

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Oil prices, production send Lundin skyward
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