Lundin Petroleum AB has reported that its wholly owned subsidiary, Lundin Malaysia BV, has completed the Bambazon exploration well in Block SB307/SB308, offshore East Malaysia.
The Bambazon well encountered approximately 15 m of net logged reservoir pay with oil shows over three main reservoir intervals and the well has been plugged and abandoned and will be expensed in 1Q16.
Bambazon was drilled with the West Prospero jack-up rig to a total depth of approximately 1380 m.
Lundin Malaysia holds 85% working interest in SB 307/308. Lundin Malaysia operates six blocks in Malaysia, namely PM307, PM319, PM308A, PM328, SB303 and SB307/308.
Edited from press release by Angharad Lock
Read the article online at: https://www.oilfieldtechnology.com/offshore-and-subsea/25012016/lundin-petroleum-completes-bambazon-exploration-well-516/