Lundin updates Indonesian ops

The following is an excerpt taken from Year end report 2012 of Swedish independent oil, gas firm Lundin Petroleum published on Wednesday (ed).

Lematang (South Sumatra)
The net production to Lundin Petroleum from the Singa gas field (WI 25.9%) during the reporting period amounted to 1.0 Mboepd. Production in the reporting period has been negatively affected by well maintenance work which was completed in September 2012. Production during the fourth quarter averaged 1.6 Mboepd.

Baronang/Cakalang (Natuna Sea)
Exploration drilling on the Baronang Block (WI 100%) will 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 will be drilled in 2013. (end of excerpt)

Production	1 Jan 2012-31 Dec 2012 12 months	1 Oct 2012-31 Dec 2012 3 months	1 Jan 2011-31 Dec 2011 12 months	1 Oct 2011-31 Dec 2011 3 months
Quantity in Mboe	1.0	1.6	1.2	1.4

 

Average price per boe expressed in USD	1 Jan 2012-31 Dec 2012 12 months	1 Oct 2012-31 Dec 2012 3 months	1 Jan 2011-31 Dec 2011 12 months	1 Oct 2011-31 Dec 2011 3 months
Quantity in Mboe	338.1	113.4	387.7	117.0
Quantity in Mboepd	32.43	31.73	32.43	32.19