Lundin Petroleum has commenced the drilling of the appraisal well 16/1-10 on the Luno prospect located in Block PL 338, in the North Sea sector of the Norwegian Continental Shelf.

Swedish independent oil and gas exploration and production company Lundin Petroleum has signed a farmout agreement with New Age African Global Energy for the production sharing contracts in Ethiopia.

Lundin Petroleum has discovered oil in exploration well Dordives 1-D in the Ferrieres exploration license in the Paris Basin, onshore France. The Dordives 1-D exploration well was drilled to a depth of 1,863m and encountered oil in the limestone Dogger reservoir of Jurassic age.

Lundin Petroleum has started drilling the Laganskaya-1 exploration well in the Lagansky block, situated in the northern Caspian Sea in Russia. Lundin Petroleum has currently a 70% net interest in the Lagansky block.

Research and Markets (http://www.researchandmarkets.com/research/9f9633/lundin_petroleum_p) has announced the addition of the "Lundin Petroleum Pipeline Operation Asset Summary Report" report to their offering.