Lundin Petroleum's CEO on Revised Guidance, Oil Prices

The transcript covers discussions on revised production guidance, operating cost forecasts, and the potential of the Statoil project in the Barents Sea. It also addresses the concept of peak oil, energy transition, and future demand, alongside insights into oil prices, OPEC's influence, and industry investment. The conversation concludes with a discussion on the ownership and future outlook of Lundin Petroleum.

What was the revised production guidance mentioned in the first section?

• 70,000 to 75,000

• 80,000 to 85,000

• 90,000 to 95,000

• 100,000 to 105,000

Which asset is mentioned as having increased capacity in the first section?

• Alvin Mindy

• Collect Bag

• Onset Group

• Southern Baronci

What is the potential high case scenario for the Barents Sea project?

• 7 billion barrels

• 12 billion barrels

• 5 billion barrels

• 10 billion barrels

How does the speaker describe the Barents Sea area?

• Twice the size of the North Sea

• Almost as big as the North Sea

• Half the size of the North Sea

• As small as the North Sea

What is the expected timeline for strong oil demand according to the third section?

• Until 2025

• Until 2030

• Until 2040

• Until 2050

What factor is mentioned as exacerbating the oversupply situation in the oil market?

• Increased demand from China

• New oil discoveries

• OPEC's production cuts

• US shale oil

Who is the controlling owner of Lundin Petroleum?

• The Lundin family

• Ben Van Burden

• Dan Loeb

• OPEC