Lundin spuds Malay exploration well

Lundin Petroleum AB has begun its Malaysian drilling campaign by spudding the Tarap-1 well in block SB 303 offshore Sabah, East Malaysia.

Offshore staff

STOCKHOLM, Sweden – Lundin Petroleum AB has begun its Malaysian drilling campaign by spudding the Tarap-1 well in block SB 303 offshore Sabah, East Malaysia. The well targets Miocene sandstone in the Kindu subbasin, says Lundin.

The Offshore Courageous is drilling the deviated well in 70 m (230 ft) water depth and is targeting a series of stacked seismic anomalies with a TD of 2,140 m (7,021 ft) subsea.

This is the first of five wells planned by Lundin for the area this year.

Lundin holds 75% in SB303 through its subsidiary Lundin Malaysia BV. Lundin Malaysia BV’s partner is PETRONAS Carigali Sdn Bhd with a 25% interest. Lundin Malaysia BV operates five blocks in Malaysia, namely PM308A, PM308B, SB303, SB307, and SB308.

05/17/2011

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