Lundin Petroleum’s COO on 1Q Earnings, 2019 Outlook, Projects, Dividend, Oil

Lundin Petroleum’s COO on 1Q Earnings, 2019 Outlook, Projects, Dividend, Oil

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Interactive Video

Business, Architecture

University

Hard

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The transcript discusses London Petroleum's strong Q1 performance, highlighting production and cost achievements. It provides an update on the Yarns Fair Drop project, emphasizing its progress and expected production increase. The discussion includes production ramp-up projections, dividend guidance, and financial strategy. The impact of the Norwegian Sovereign Wealth Fund's divestment decision is analyzed, with a focus on risk management. Finally, the transcript addresses oil price volatility and the company's conservative business strategy.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of achieving first oil for London Petroleum?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the implications of the Norwegian sovereign wealth fund's decision on London Petroleum?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the company's approach to managing low oil prices?

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