| Home : Lundin Petroleum Announces Exploration and Impairment Expenses for the Third Quarter 2013 Results |
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Oct 22
2013 |
Lundin Petroleum Announces Exploration and Impairment Expenses for the Third Quarter 2013 Results |
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STOCKHOLM, SWEDEN--(Marketwired - Oct. 22, 2013) - Lundin Petroleum AB (TSX:LUP)(OMX:LUPE) (Lundin Petroleum) will incur exploration expenses of approximately USD 19 million and non-cash impairment expenses of approximately USD 42 million for the third quarter 2013 (the Period) results. These expenses will be offset by a deferred tax credit of USD 16 million giving an after tax net impact to the income statement for the Period of USD -45 million. |
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| Source:http://www.marketwired.com/mw/release.do?id=1843316&sourceType=3 |
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