Edition:
United Kingdom

Lundin Petroleum AB (LUPE.ST)

LUPE.ST on Stockholm Stock Exchange

191.50SEK
1:19pm GMT
Change (% chg)

0.70kr (+0.37%)
Prev Close
190.80kr
Open
190.90kr
Day's High
192.00kr
Day's Low
190.40kr
Volume
259,429
Avg. Vol
803,145
52-wk High
216.10kr
52-wk Low
156.10kr

Summary

Name Age Since Current Position

Ian Lundin

57 2002 Chairman of the Board

Alexandre Schneiter

55 2016 President, Chief Executive Officer, Director

Teitur Poulsen

43 2017 Chief Financial Officer

Nicholas Walker

2015 Chief Operating Officer

Henrika Frykman

40 Vice President Legal

Alex Budden

2017 Vice President Communications and Investor Relations

Christine Batruch

58 2002 Vice President Corporate Responsibility

C. Heppenstall

55 2015 Director

Lukas Lundin

59 2001 Director

Jakob Thomasen

55 2017 Director

Peggy Bruzelius

68 2013 Independent Director

Grace Reksten Skaugen

64 2015 Independent Director

Cecilia Vieweg

62 2013 Independent Director

Biographies

Name Description

Ian Lundin

Mr. Ian H. Lundin has served as Chairman of the Board of Directors of Lundin Petroleum AB since May 2002. He also serves as Chairman of the Nomination and Compensation Committees. He joined the Board as Member in 2001 and served as Chief Executive Officer of Lundin Petroleum between 2001 and 2002. Additionally to his duties at the Company, he acts as Chairman of the Boards of Directors of Etrion Corporation and as Member of the Board of Bukowski Auktioner AB. Mr. Lundin started his career in 1982 at Wintershall AG. He joined the Lundin Group via International Petroleum Corporation (IPC) as Drilling Manager in 1984. He was Chief Executive Officer of IPC from 1989 until 1998. From 1998 to 2001, he held a corresponding position at Lundin Oil AB, a company formed by the merger of two Lundin group companies, Sands Petroleum AB and IPC. Mr. Lundin holds a Bachelor of Science degree in Petroleum Engineering from the University of Tulsa (1982).

Alexandre Schneiter

Mr. Alexandre (Alex) Schneiter has been President, Chief Executive Officer and Member of the Board of Directors of Lundin Petroleum AB since May 12, 2016. He has been President and Chief Executive Officer at the Company since October 1, 2015. Before that, he has been Executive Vice President and Chief Operating Officer of Lundin Petroleum AB since 2001. Prior to this, since 1993, he worked with public companies where the family Lundin has a major shareholding. In 1998 he was appointed Vice President Exploration of Lundin Oil AB. Earlier in his career, from 1987 until 1989, he served in the research and mining domain as a Geophysicist before joining in 1990 a public Canadian Oil company as a Geophysicist, seismic interpreter and seismic acquisition QC. He graduated from Universite de Geneve with a degree in Geology and a Master's degree in Geophysics.

Teitur Poulsen

Mr. Teitur Poulsen has served as Chief Financial Officer of Lundin Petroleum AB since 2017. He has previously served as Vice President Corporate Planning and Investor Relations at Lundin Petroleum AB since September 2012. He joined the Company for the first time in 2006 and has since held various positions with Lundin Petroleum including Group Economics and Corporate Planning Manager. In November 2010, he moved to Det norske oljeselskap ASA where he served in the role of Chief Financial Officer until June 2012. Earlier in his career, he worked as an economist for Dana Petroleum plc and the oil and gas consultancy firm AUPEC ltd in Aberdeen (2000-2002). In 2003, he joined Faroe Petroleum as Chief Economist and Business Analyst. He graduated from the University of Aberdeen where he obtained a degree in Economics.

Nicholas Walker

Mr. Nicholas (Nick) Walker has been appointed Chief Operating Officer of Lundin Petroleum AB effective as of October 1, 2015. Before that, he has served as Senior Vice President Development and Operations at Lundin Petroleum AB since April 20, 2015. Mr. Walker joined Lundin Petroleum from Africa Oil Corporation where he has been Chief Operating Officer since 2012. From 2009 to 2011 he held the position of Executive Vice President for International Operations at Talisman Energy. He started his career as Petroleum Engineer with BP plc and also worked in senior management positions at Bow Valley Energy plc. Between 1994 and 2011, he worked with Talisman Energy Inc. in various senior operating and commercial roles. He held country manager positions with Talisman Energy in the UK and Malaysia/Vietnam. Mr. Walker holds degrees in Mining Engineering from Imperial College London, Computer Science from University College London as well as an MBA from City University Business School also in London.

Henrika Frykman

Ms. Henrika Frykman serves as Vice President Legal at Lundin Petroleum AB. She is responsible for all legal and tax matters within the Lundin Petroleum group. She has a Master of Laws LL.M. from the University of Stockholm. Between 2000 and 2002, she practiced general corporate and commercial law with a Swedish law firm in Stockholm. After moving to Geneva in 2002, she joined a large international law firm, focusing on Swiss and international corporate tax matters until 2008, when she joined Lundin Petroleum. She has since then worked with a wide range of Group legal and tax matters.

Alex Budden

Mr. Alex Budden has served as Vice President Communications and Investor Relations at Lundin Petroleum AB since April 2017. He is responsible for delivering Lundin Petroleum’s Communications and Investor Relations strategies across the business. Alex Budden holds a degree in Sociology & Criminology from Bristol University. In his previous careers he has served as a British police officer and then as a Diplomat for the Foreign & Commonwealth Office for 21 years. He has served in Africa, Asia, the Middle East, Russia, the Balkans and North America and specialized in international security, energy and environmental issues, crisis management, complex stakeholder management and strategic communications work. Previously, as VP External Relations for Africa Oil and Africa Energy between 2012 and 2017, he focused on environmental, social and governance issues and managed the companies’ media and government relations work. He is presently a Director of the Lundin Foundation that advises on sustainable business activities and delivers social impact investments on behalf of companies affiliated with the Lundin family.

Christine Batruch

Ms. Christine Batruch has been Vice President Corporate Responsibility at Lundin Petroleum AB since 2002. She joined the Company through Lundin Oil as a Consultant in 1999. Prior to this she worked at the International Academy of the Environment as executive assistant to the director and assistant professor (1995-1999), and before that, since 1990, she was a consultant for companies interested in entering the Ukrainian market. From 1992-1995, she participated in the establishment in Ukraine of a number of non-profit institutions linked to the Soros network of foundations. Ms. Batruch is Member of the Board of Directors of Lundin Foundation and of the Fondation Vidrodgenia (Geneva). She has also experience as Member of the Working Party on International Legal and Commercial Practice (WP5) of the UN Economic Commission for Europe. Ms. Christine Batruch graduated in Civil and Common Law from McGill University, Montreal. She also holds a Bachelor of Arts degree in History from University of Toronto. In 1989, she qualified as barrister and solicitor of the Law Society of Upper Canada in Ontario Canada.

C. Heppenstall

Mr. C. Ashley Heppenstall has served as Director of Lundin Petroleum AB since 2001. He no longer serves as President and Chief Executive Officer of Lundin Petroleum AB effective as of the end of September 2015. He has held this position since 2002. Previously, he was Chief Financial Officer of the Company between 2001 and 2002. Mr. Heppenstall is Chairman of the Board at Etrion Corporation and Africa Energy Corp., as well as Member of the Boards of ShaMaran Petroleum Corp., Lundin Gold Inc., Filo Mining Corp. and Gateway Storage Company Limited. He started his career in 1984 working with various subsidiaries of The Hongkong and Shanghai Banking Corporation. In 1990 he founded Sceptre Management Limited, a corporate finance boutique providing a specialist focus upon M & A and project finance for small capitalisation companies. He served at the Company as Director until 1993. Since 1993 he has worked for public companies associated with the Lundin family, being CFO of Lundin Oil AB from 1998 until 2001. Mr. Heppenstall holds a Bachelor of Science degree in Mathematics from the University of Durham.

Lukas Lundin

Mr. Lukas H. Lundin has served as Member of the Board of Directors of Lundin Petroleum AB since 2001. He is also Chairman of the Boards of Lundin Mining Corp., Denison Mines Corp., Lucara Diamond Corp., NGEx Resources Inc., Lundin Gold Inc., Filo Mining Corp. and Lundin Foundation. Apart from this, he serves as Member on the Board of Bukowski Auktioner AB. He is also Executive Chairman of the Board of Denison Mines Corp and Board Member of Bukowski Auktioner AB. Mr. Lundin started his career from heading International Petroleum Corporation’s international operations and was based in the Company’s technical office in Dubai, United Arab Emirates for over 12 years. From 1990 to June 1995, he was President of International Musto Exploration Limited as responsible for Musto’s acquisition of the Bajo de la Alumbrera deposit, Argentina Gold and the discovery of the multi-million ounce Veladero gold deposit. He has also experience as Senior Director from Lundin Oil AB. Mr. Lundin was educated at the Ecole Internationale de Geneve in Switzerland. In 1981, he graduated from the New Mexico Institute of Mining and Technology and Engineering.

Jakob Thomasen

Mr. Jakob Thomasen has been Director of Lundin Petroleum AB since May 4, 2017. Mr. Thomasen is a graduate of the University of Copenhagen, Denmark, where he obtained a Master’s degree in Geoscience. He also completed the Advanced Strategic Management program at IMD, Switzerland. Mr. Thomasen was formerly the Chief Executive Officer of Maersk Oil and a Member of the Executive Board of the Maersk Group from 2009 until 2016. Mr. Thomasen is currently the Chairman of the DHI Group.

Peggy Bruzelius

Dr. Peggy Bertha Bruzelius has been Independent Director of Lundin Petroleum AB since May 8, 2013. She is Chair of the Audit Committee. Peggy Bruzelius has worked as Managing Director of ABB Financial Services AB and has headed the asset management division of Skandinaviska Enskilda Banken AB. She is Chair of the Board of Lancelot Asset Management AB, Member of the Board of Diageo PLC, Akzo Nobel NV and Skandia Liv. She holds a Master of Science degree in Economics and Business from Handelshogskolan i Stockholm.

Grace Reksten Skaugen

Ms. Grace Reksten Skaugen has been Independent Director of Lundin Petroleum AB since May 7, 2015. She is CR/HSE Board representative. Grace Reksten Skaugen has an MBA from the BI Norwegian School of Management, Bachelor of Science (Honors in Physics) and a Doctorate (Laser Physics) from the Imperial College of Science and Technology at University of London. She has extensive international, financial and oil and gas experience and has been a director of Corporate Finance with SEB Enskilda Securities in Oslo and has worked in several roles within private equity and venture capital in Oslo and London. She is currently member of HSBC European Senior Advisory Council and Norway country advisor to Proventus AB. She is also Chair of NAXS Nordic Access Buyout A/S, Deputy Chair of Orkla ASA, Founder and chair of the Norwegian Institute of Directors, Board member of Investor AB and Euronav NV, Council Member of the International Institute for Strategic Studies in London.

Cecilia Vieweg

Ms. Cecilia Vieweg has been Independent Director at Lundin Petroleum AB since May 8, 2013. She is Chair of the Compensation Committee. She was General Counsel and member of the Executive Management of AB Electrolux from 1999 till 2016. She previously worked as legal advisor in senior positions within the AB Volvo Group and as a lawyer in private practice. She holds a Master of Law degree from Lunds universitet.