Lundin Petroleum Strikes Gas Offshore Malaysia

Sweden’s Lundin Petroleum has announced a gas discovery offshore the shore of Malaysia.  

Tembakau-1 well was drilled to a depth of 1,565 metres in 67 metres water depth and discovered a series of stacked gas pay sands in the target Miocene objective. Overall the well penetrated approximately 60 m of net gas pay in five high quality sand intervals. 

Following Tembakau-1 the West Courageous rig moves south to execute the fifth and final well of the 2012 exploration campaign, the Ara-1 well in the PM308A block where Lundin Petroleum holds a 35 percent interest and is operator.

The Swedish firm holds 75 percent interest in PM307 through its subsidiary Lundin Malaysia BV. Lundin Malaysia BV's partner is Petronas with 25 percent interest.