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Lundin drills dry well in Norwegian North Sea

Published March 17, 2015 Updated March 17, 2015 07:38am

1 min

By Parvez Jabri

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OSLO: Swedish oil firm Lundin Petroleum drilled a dry well in the Norwegian sector of the North Sea, southwest of the Edvard Grieg field, the Norwegian Petroleum Directorate said on Tuesday.

Lundin holds a 50 percent stake in the licence while other shareholders include OMV (20 percent), Statoil (15 percent) and BASF subsidiary Wintershall (15 percent).

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