Lundin Petroleum Discovers Gas in Second Malaysia Well


Dateline 2011-08-04:

Lundin Petroleum AB (Lundin Petroleum) is pleased to announce that it has made a second gas discovery with the Cempulut-1 well that was drilled in Block SB303, offshore Sabah, East Malaysia.

Cempulut-1 was drilled with the Offshore Courageous rig in a water depth of approximately 75 meters. The well was drilled to a total depth of 1,095 meters.

The Cempulut-1 well intersected a large Late Miocene carbonate reef with excellent reservoir properties.

The gross total vertical pay thickness encountered is approximately 50 metres. The deeper targeted oil leg however proved to be water bearing.

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