June 28 (UPI) -- The Norwegian subsidiary of Lundin Petroleum said Wednesday it nabbed more than $90 million for a stake in a North Sea operation.
The company, Lundin Norway, said in an emailed statement that it sold a 39 percent interest in the Brynhild field in the Norwegian waters of the North Sea for $91.7 million. The Lundin subsidiary retains its role as the operator, while CapeOmega, which is already a partner, increases its stake in the field from 10 percent to 49 percent.