Lundin Petroleum commences Maligan exploration well, offshore Malaysia

Friday, January 29, 2016      

Lundin Petroleum AB is pleased to announce that its wholly owned subsidiary Lundin Malaysia BV has commenced drilling of the Maligan exploration well in Block SB307/SB308, offshore East Malaysia.

The Maligan prospect is in shallow water and lies to the north of a major producing field in offshore East Malaysia. The well will target hydrocarbons in Miocene aged sands.

Maligan will be drilled with the West Prospero jack-up rig to a total depth of approximately 1,700 metres below mean sea level. The drilling of the well is expected to take approximately 30 days.

Lundin Malaysia holds 85 percent working interest in SB307/SB308. Partner is PETRONAS Carigali Sdn Bhd with 15 percent working interest. Lundin Malaysia operates six Blocks in Malaysia, namely PM307, PM319, PM308A, PM328, SB307/308 and SB303.


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Lundin Petroleum Malaysia Asia Far East Operations Update

This article is for information and discussion purposes only and does not form a recommendation to invest or otherwise. The value of an investment may fall. The investments referred to in this article may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment adviser. More

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