Lundin’s Tembakau appraisal in Malaysia successful

October 17, 2014

Dateline 2014-08-06, Reuters:

Swedish oil firm Lundin Petroleum successfully completed appraisal drilling on its Tembakau gas discovery in Malaysia and will now consider development options for the prospects, it said on Wednesday.

“The appraisal drilling results from Tembakau are positive,” Chief Executive Ashley Heppenstall said in a statement. “We will now move forward in reviewing conceptual development options and I am hopeful that this will lead to another commercial development project in Malaysia.”

 

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Lundin Petroleum Commences Tembakau Appraisal Well in Malaysia

August 16, 2014

Dateline 2014-06-19, WSJ:

Lundin Petroleum AB (TSX:LUP)(OMX:LUPE) (Lundin Petroleum) is pleased to announce that it 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 in five high quality sand intervals between 800 metres and 1,250 metres subsea. The appraisal well will core the main reservoir section and is expected to confirm the extent and quality of the gas reservoirs 3.7 kilometres to the south of Tembakau-1. Deliverability will be measured through production testing.

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Lundin close to sanction for Bertam offshore Malaysia

September 27, 2013

Dateline Offshore Magazine, 2013-08-07:

Lundin Petroleum has submitted a development plan to Petronas for the Bertam oil discovery offshore Peninsular Malaysia.
The company has a 75% operated interest in the surrounding PM307 license, which also contains the Tembakau gas accumulation.
Lundin expects approval for its plan later this year. Bertam, which has gross 2P reserves of 17 MMboe, is expected to deliver first oil in 2015 and peak at 15,000 b/d.

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