Lundin plans 2013 Indonesia drilling campaign
Thursday, January 26 2012 - 04:06 PM WIB
Swedish oil, gas firm Lundin Petroleum AB said on Thursday that it would restart Indonesia exploration drilling campaign in 2013.
The company said it has two commitment wells remaining and drilling will be conducted in Baronang, Cakalang and Gurita blocks, all of which are located in Natuna Sea. Lundin has 100 percent interest in the three blocks.
The company said multiple follow up wells will be drilled in success case.
During 2011, the company has acquired 974 km2 of 3D seismic and 1,500 km of 2D seismic at Baronang and Cakalang blocks and is currently finalizing selection of prospects identified on the seismic.
Meanwhile, in the nearby South Sokang block where the company has 60 percent interest, 2,400 km of 2D seismic was acquired in 2011 with multiple plays identified.
Editing by David Mustakim