Lundin Petroleum reports Q1 Indonesian activities
Monday, May 12 2008 - 07:02 AM WIB
The following is excerpt from Swedish oil company Lundin Petroleum AB?s Interim Report for the quarter ended 31 March 2008:
Indonesia
Salawati Island and Basin (Papua)
The net production from Salawati (Salawati Island WI 14.5% and Salawati Basin WI 25.9%) was 2,400 boepd for the period which was in line with forecast.
Lematang (South Sumatra)
The development of the Singa gas field (WI 25.88%) is ongoing with first gas production expected in 2009.
In 2007 a gas sales agreement was signed with PT PLN (PERSERO) an Indonesia electricity generating company to supply a gross contracted volume of 133 bcf. (end of excerpt)