Posted by OilVoice Press - OilVoice
Lundin Petroleum AB (Lundin Petroleum) is pleased to announce that the Annual and Sustainability Reports for 2017 have been published and are now available to download on www.lundin-petroleum.com
2017 was an inflection year for Lundin Petroleum with record high operating cash flow leading to free cash flow generation for the first time since 2011. The exceptional operational performance during 2017, combined with an improving macro environment, has positioned the Company to start distributing cash dividends while at the same time leaving capacity to continue to fund an active organic growth strategy.
Sustainable value creation for Lundin Petroleum means developing oil and gas in a responsible, economical and carbon efficient manner. Efforts continued in 2017 to reduce emissions throughout the operations, resulting in a carbon intensity level that is among the lowest in our industry. The Sustainability Report provides comprehensive information on how climate change and other sustainability issues are part of Lundin Petroleum's business model to create sustainable long-term value.
Both reports are available to download from Lundin Petroleum's website. Shareholders who wish to receive a printed copy of the annual report can request it on the website or by contacting us directly on telephone +46 8 440 54 50 or email email@example.com
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