Lundin Petroleum to spin off assets from beyond Norway
By Nerijus Adomaitis and Terje Solsvik OSLO (Reuters) - Swedish oil firm Lundin Petroleum plans to spin off its assets from outside of Norway into a separately listed company and will distribute shares in the new firm to existing investors, it said on Monday. Separately the company's main Norwegian business announced an oil discovery in the Arctic Barents Sea, while Lundin also set an output target for 2017 that was below forecasts in a Reuters poll of analysts. The assets that will be hived off
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