Lundin Starts First Well in Malaysian Drilling Program

Lundin Petroleum has commenced the first well in its 2014 Malaysian drilling campaign with the spud of the Tembakau-2 appraisal well in Block PM307, offshore Malaysia.

The well will target stacked gas reservoirs in Miocene aged sands in a large, low-relief, structure discovered by Lundin Petroleum’s Tembakau-1 in late 2012.

The discovery well penetrated 60 metres of net gas sands and will core the main reservoir section and is expected to confirm the extent and quality of the gas reservoirs 3.7 kms to the south of Tembakau-1, the company said.

The objective of the well is to confirm the current gross contingent resource estimate of gas as well as to test upside resource potential within the structure and to provide reservoir information for development planning.

Lundin Petroleum holds a 75 percent interest in PM307 while Petronas hold the remaining 25 percent.