Lundin gets Lagansky overtime

摘要

Lundin Petroleum has been handed a five-year extension to its Lagansky exploration licence in the Russian sector of the Caspian Sea by the Russian government. The Lagansky licence is now valid until 2014. It contains the Morskaya discovery drilled in 2008 which has estimated gross recoverable resources of between 110m-450m bbl of oil.