Lundin Petroleum holds an interest in one licence, 4/06 (Inishmore), offshore Ireland which was awarded in the 2006 licensing round.

Exploration - Inishmore licence
Frontier Frontier Exploration Licence 4/06 (Slyne Basin) was also acquired in the March 2006 licensing round. It contains at least one well-defined structural closure, probably gas prone, at relatively shallow depth. A 3D seismic commitment exists, although at this stage there is no drilling commitment. A 3D seismic acquisition programme is planned in 2010.

A one or two year extension to the first exploration phase has been granted subject to the results of ongoing work.