Lundin updates Indonesian ops

The following is an excerpt taken from Swedish oil gas firm Lundin Petroleum?s quarterly report for the financial year ended 30 September 2012 released on Wednesday.

Lematang (South Sumatra)
The net production to Lundin Petroleum from the Singa gas field (WI 25.9%) during the reporting period amounted to 0.8 Mboepd. Production in the reporting period has been negatively affected by well maintenance work which was completed in September 2012.

Baronang/Cakalang (Natuna Sea)
Exploration drilling on the Baronang Block (WI 100%) is expected to commence in 2013.

South Sokang (Natuna Sea)
A 3D seismic acquisition programme is planned to be completed in 2013 on South Sokang (WI 60%)

Gurita (Natuna Sea)
A 3D seismic acquisition programme of 950 km? has been completed in 2012 on the Gurita Block (WI 100%) and an exploration well is expected to be drilled in 2013. (end of excerpt)

Production	1 Jan 2012- 30 Sep 2012 9 months	1 Jul 2012- 30 Sep 2012  3 months	1 Jan 2011- 30 Sep 2011 9 months	1 Jul 2011- 30 Sep 2011  3 months	1 Jan 2011- 31 Dec 2011 12 months
Quantity in Mboepd	0.8	0.8	1.0	1.4	1.2

Average price per boe expressed in USD	1 Jan 2012- 30 Sep 2012 9 months	1 Jul 2012- 30 Sep 2012    3 months	1 Jan 2011- 30 Sep 2011   9 months	1 Jul 2011- 30 Sep 2011  3 months	1 Jan 2011- 31 Dec 2011 12 months
Quantity in Mboe	224.7	62.5	270.7	111.8	387.7
Average price per boe	32.79	32.66	32.52	32.26	32.83