Orron Energy AB (ORRON) Stock Price & News

Lundin Energy was an independent oil and gas exploration and production company formed from Lundin Oil in 2001 and based in Sweden with focus on operations in Norway. Lundin Energy’s oil and gas business was purchased by Aker BP in July 2022 in a deal worth more than US$14 billion. The rest of the company continues to operate as a pure renewable energy business under the new name of Orrön Energy. Lundin Energy had 107 million cubic metres of oil equivalent of proven plus probable reserves at the end of 2020 whereas contingent resources amounted to 44 million m³. The company's commercial success is overshadowed by a Swedish war crimes investigation into its past operations in Sudan. Chairman Ian Lundin and former CEO Alex Schneiter are the suspects of the preliminary investigation. In April 2020, the company changed its name from Lundin Petroleum AB to Lundin Energy AB. Wikipedia

About Orron Energy AB

CEONick Walker | Daniel Fitzgerald

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Websiteorron.com

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