Lundin makes Luno Extension discovery

Exploration well 16/1-12 on the Luno Extension in the Norwegian North Sea has hit pay, according to Lundin Petroleum.

Offshore staff

STOCKHOLM -- Exploration well 16/1-12 on the Luno Extension in the Norwegian North Sea has hit pay, according to Lundin Petroleum. The exploration well was targeting the hydrocarbon potential south of the Luno discovery, made in the same license in 2007. The well did not encounter the pre-Cretaceous reservoir of the Luno discovery, but did penetrate a complex reservoir of fractured basement, the company reports.

Lundin data acquisition included coring and several mini drill stem tests (DSTs) with the successful recovery of hydrocarbon samples. Preliminary analysis confirms a gross oil bearing column of approximately 40 m (131 ft) and good flow characteristics, the company says.

The semisub Songa Dee drilled the to a total vertical depth of 2,030 m (6,660 ft) below sea level in a water depth of 107 m (351 ft).

“We are pleased to announce a further discovery in the Greater Luno area,” says Ashley Heppenstall, president and CEO of Lundin Petroleum. “However, the well confirms the area is geologically complex and that the Luno Extension is most likely not connected to the Luno field.”

09/08/2009

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