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Lundin Energy AB to Discuss Acquisition of Barents Sea Portfolio from Idemitsu Petroleum Norge AS Call Transcript

Oct 05, 2020 / 12:00PM GMT
Release Date Price: €0.36782 (+3.28%)
Edward Westropp
Lundin Energy AB - VP of IR

Good afternoon, everyone, and welcome to the Lundin Energy audiocast. It's a bit of an ad hoc one outside of our quarterly, but we thought it was an appropriate time to update you all on this morning's announcement and various other corporate activities that are ongoing.

I'll hand over to Nick Walker, who will take you through, and Teitur will also be presenting, and then there will be some Q&A at the end of the session. Nick?

Nicholas John Robert Walker
Lundin Energy AB - COO

Good. Thanks, Ed, and well, good afternoon, everyone, and thank you for joining us today. We've issued 2 press releases in the last week, and I thought it'd be a useful opportunity to run through some of the details. So first of all, we issued a release around the Edvard Grieg reserves a week ago, an increase there; and then this morning, we announced a deal that we've done with Idemitsu, building our position in the Barents Sea.

And I think these show important progress on our growth strategy, and I'll run through a

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