Lundin Petroleum Starts Drilling Malaysian Well
June 19 2014 - 3:54AM
Dow Jones News
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
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
Petroleo Brasileiro ADR (NYSE:PBR)
Historical Stock Chart
From Aug 2024 to Sep 2024
Petroleo Brasileiro ADR (NYSE:PBR)
Historical Stock Chart
From Sep 2023 to Sep 2024