Lundin's contingent resources at year-end were 40 MMboe higher than in 2017, at 225 MMboe, mainly as a result of the Frosk (Alvheim area) and Lille Prinsen (Utsira High area) discoveries, strong results from appraisal drilling on Luno II, Rolvsnes and Gekko, and the acquisition of an additional 15% interest in Luno II. It expects sanction for Phase 1 of the Utsira High Luno II development project during the current quarter along with an extended well test on Rolvsnes, which will be developed in parallel with Luno II. In the southern Barents Sea, the company continues to assess data from the Alta extended well test and the TopSeis 3D seismic survey across the Alta and Gohta area. Future appraisal work should be determined later this year once all the additional data has been processed. Consultant ERCE audited the reserves. 01/14/2019