Lundin CEO Says Any M&A Deal Would be in Norway
Lundin Petroleum AB is in a dramatic operational growth phase following the 4Q startup of its Edvard Grieg development, which is expected to more than double average volumes in 2016. CEO Alex Schneiter tells Bloomberg's Anna Edwards and Manus Cranny on "Countdown" that any acquisition would be in Norway, where the company's main focus remains. Schneiter added that the company hasn’t seen many M&A opportunities of “high quality” but will continue to focus on organic growth through exploration.
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