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Lundin Energy publishes the Report on Payments to Governments for 2021

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Lundin Energy has released a report detailing the payments made to governments by the company and its subsidiaries during 2021. The report underscores Lundin Energy's commitment to transparency and fiscal responsibility. For full access, the report is available for download on Lundin Energy's official website. This disclosure adheres to the Swedish Securities Markets Act. Stakeholders can learn more about Lundin Energy’s operational strategy, which involves a focus on sustainability and growth while managing risks associated with the oil and gas sector.

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  • Demonstrated commitment to transparency with government payments report.
  • Focus on sustainability and growth enhances corporate reputation.
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  • No significant financial metrics or impacts reported.

Lundin Energy AB (Lundin Energy) has published the report on payments made to governments by Lundin Energy and its subsidiaries during the year 2021.

The report gives an overview of payments to governments made by Lundin Energy and its subsidiaries during the year 2021. The report is available to download on Lundin Energy's website, www.lundin-energy.com.

 

For further information, please contact:

Edward Westropp
VP Investor Relations and Communication
Tel: +41 22 595 10 14
edward.westropp@lundin-energy.com

Robert Eriksson
Director Media and Corporate Affairs
Tel: +46 701 11 26 15
robert.eriksson@lundin-energy.com

 

Lundin Energy is an experienced Nordic oil and gas company that explores for, develops and produces resources economically, efficiently and responsibly. We focus on value creation for our shareholders and wider stakeholders through three strategic pillars: Resilience, Sustainability and Growth. Our high quality, low cost assets mean we are resilient to oil price volatility, and our organic growth strategy, combined with our sustainable approach and commitment to decarbonisation, firmly establishes our leadership role in a lower carbon energy future. (Nasdaq Stockholm: LUNE). For more information, please visit us at www.lundin-energy.com or download our App www.myirapp.com/lundin

 

This information is information that Lundin Energy AB is required to make public pursuant to the Swedish Securities Markets Act. The information was submitted for publication at 08:00 CET on 1 March 2022.

Forward-looking statements
Certain statements made and information contained herein constitute “forward-looking information” (within the meaning of applicable securities legislation). Such statements and information (together, “forward-looking statements”) relate to future events, including Lundin Energy’s future performance, business prospects or opportunities. Forward-looking statements include, but are not limited to, statements with respect to estimates of reserves and/or resources, future production levels, future capital expenditures and their allocation to exploration and development activities, future drilling and other exploration and development activities. Ultimate recovery of reserves or resources are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management.

All statements other than statements of historical fact may be forward-looking statements. Statements concerning proven and probable reserves and resource estimates may also be deemed to constitute forward-looking statements and reflect conclusions that are based on certain assumptions that the reserves and resources can be economically exploited. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as “seek”, “anticipate”, “plan”, “continue”, “estimate”, “expect”, “may”, “will”, “project”, “predict”, “potential”, “targeting”, “intend”, “could”, “might”, “should”, “believe” and similar expressions) are not statements of historical fact and may be “forward-looking statements”. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. No assurance can be given that these expectations and assumptions will prove to be correct and such forward-looking statements should not be relied upon. These statements speak only as on the date of the information and Lundin Energy does not intend, and does not assume any obligation, to update these forward-looking statements, except as required by applicable laws. These forward-looking statements involve risks and uncertainties relating to, among other things, operational risks (including exploration and development risks), productions costs, availability of drilling equipment, reliance on key personnel, reserve estimates, health, safety and environmental issues, legal risks and regulatory changes, competition, geopolitical risk, and financial risks. These risks and uncertainties are described in more detail under the heading “Risk management” and elsewhere in Lundin Energy’s Annual Report. Readers are cautioned that the foregoing list of risk factors should not be construed as exhaustive. Actual results may differ materially from those expressed or implied by such forward-looking statements. Forward-looking statements are expressly qualified by this cautionary statement.

 

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FAQ

What did Lundin Energy report regarding payments to governments in 2021?

Lundin Energy published a report detailing payments made to governments during 2021 as part of their commitment to transparency.

How can I access Lundin Energy's report on government payments?

The report is available for download on Lundin Energy's official website.

What is the significance of Lundin Energy's government payments report?

The report highlights Lundin Energy's transparency and fiscal responsibility in its operations.

When was the report on government payments released by Lundin Energy?

The report was publicly announced on March 1, 2022.

What are the strategic pillars of Lundin Energy?

Lundin Energy focuses on resilience, sustainability, and growth.

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