Lundin Petroleum is an independent Swedish oil and gas E&P company focused entirely on exploration and development in Norway. Exploration remains central to long-term growth, with the company targeting 10 exploration and appraisal wells per year. The discovery of the giant Norwegian Sea Johan Sverdrup field in 2010 was transformational and built on the success of the 2007 Edvard Grieg discovery. Both were made on the Utsira High as Lundin applied fresh thinking on this new sub-play. The company is also active in the emerging West Barents Sea basin, where it made the play-opening Gohta (2013) and Alta (2014) discoveries. Lundin’s exploration will remain flexible as it attempts to do more with less. It will focus on six areas: the south-eastern trend and the Loppa High in the Barents, the Frøya High in the Norwegian Sea, the Alvheim and Utsira High areas in the North Sea and the Mandal High in the Central Graben. Opportunities range from high-value tie-back prospects to play-openers.