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Lundin Resumes Exploration Drilling with the Mengkuang-1 Well

Source: www.gulfoilandgas.com 10/2/2015, Location: Asia

Lundin Petroleum AB is pleased to announce that its wholly owned subsidiary Lundin Malaysia BV (Lundin Malaysia) has resumed exploration drilling in Malaysia with the spud of Mengkuang-1 exploration well in license PM307, offshore Malaysia.

The well will target hydrocarbons in Miocene aged sands 75 km to the northwest of the Bertam field operated by Lundin Malaysia.

Mengkuang-1 will be drilled with the West Prospero jack-up rig to a total depth of approximately 1,300 metres below mean sea level. The drilling of the well is expected to take approximately 30 days.

Lundin Malaysia holds 75 percent working interest in PM307. Partner is PETRONAS Carigali Sdn Bhd with 25 percent working interest. Lundin Malaysia operates six blocks in Malaysia, namely PM307, PM319, PM308A, PM308B, PM328 and SB307/308.

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