Offshore staff

(Stockholm) -- First oil production from Oudna field, offshore Tunisia, is scheduled for September, says Lundin Petroleum and Atlantic Holding Norway.

Initial production is estimated at 20,000 b/d oil. Proven and probably reserves are pegged at 11.5 MMbbl. Oudna 1, drilled by Shell, tested 7,000 b/d oil from 1,600 m.

Lundin and Atlantic each hold 50% of Oudna and Lundin is operator. ETAP, the Tunisian state oil company, has a 20% purchase option.

7/10/06