Lundin Petroleum Completes Gas Well Offshore Malaysia

Lundin Petroleum on Thursday said it has completed the Maligan exploration well in Block SB307/SB308, offshore East Malaysia.  

The Maligan well was drilled to a total depth of approx. 1,380 metres and encountered significant gas shows.  The well has now been plugged and abandoned and will be expensed in the first quarter of 2016.    

Lundin Malaysia holds 65 percent working interest in SB 307/308.  Partners are DYAS with a 20 percent working interest and PETRONAS Carigali with a 15 percent working interest.  Lundin Malaysia operates six blocks in Malaysia, namely PM307, PM319, PM308A, PM328, SB303 and SB307/308.