By Dominic Chopping 
 

STOCKHOLM--Swedish oil and gas company Lundin Petroleum AB (LUPE.SK) said Friday it has successfully completed drilling of appraisal well 16/4- 8 S on the Luno II discovery, in the North Sea.

The well encountered a gross oil column of 30 metres.

Following the results of 16/4-8 S, the gross contingent resource range for Luno II is estimated at between 27 million and 71 million barrels of oil equivalents.

Following recent transactions, and subject to government approval, Lundin Norway holds a 50% interest in the production licence, OMV Norge AS a 20% interest, Statoil Petroleum ASA a 15% interest and Wintershall Norge AS a 15% interest.

-Write to Dominic Chopping at dominic.chopping@wsj.com; Twitter: @WSJNordics

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