Lundin Petroleum announce the appointment of Mr Mike Nicholson as Chief Financial Officer (CFO) following the decision of Mr Geoff Turbott to step down for personal reasons following 10 years in this position.

Mr Nicholson has worked for the Company since 2005 through various roles and most recently as Managing Director in South East Asia. During his time in this role he has continued to build up the SE Asian business, most recently with the submission of the Bertam oil field development plan. Mr Nicholson holds a degree in Economics from University of Aberdeen in Scotland.

Mr Turbott has worked for companies in which the Lundin family has had a major shareholding since 1995, acting as Finance Manager for Sands Petroleum AB and Financial Controller for Lundin Oil AB. He continued his employment into Lundin Petroleum AB becoming CFO in 2002. Mr Turbott will step down as CFO at the end of 2013 and will remain with the Company until the middle of 2014.

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