By Dominic Chopping 
 

STOCKHOLM--Swedish oil and gas company Lundin Petroleum AB (LUPE.SK) said Thursday it has started the first well in its 2014 Malaysian drilling campaign with the Tembakau-2 appraisal well in Block PM307, offshore Malaysia.

The objective of the well is to confirm the current gross contingent resource estimate of gas as well as to test upside resource potential and provide reservoir information for development planning.

Drilling of the well, including testing, is expected to take approximately 60 days.

Lundin Petroleum holds a 75% interest in Block PM307 and its partner is Petronas Carigali Sdn. Bhd. with 25% interest.

At 0721 GMT shares traded 0.5% higher at NOK130.40.

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

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