Lundin updates Indonesian ops

The following is an excerpt taken from Swedish oil gas firm Lundin Petroleum?s quarterly report ended 31 March 2015 released on Wednesday.

Production

Lematang (South Sumatra)

Production in Mboepd	WI	1 Jan 2015? 31 Mar 2015 3 months	Jan 2014? 31 Mar 2014 3 months	1 Jan 2014? 31 Dec 2014 12 month
Singa	25.9%	1.7	1.5	1.4

The production from the Singa field has been in line with the forecast during the reporting period. The field was shut-in during part of 2014 to allow for a re-routing of the gas pipeline and since the field re-commenced production in late 2014 the production performance has been good.

Exploration

South Sokang (Natuna Sea)
Lundin Petroleum is continuing with its efforts to high-grade its prospect inventory on the South Sokang Block (WI 60%) from recently acquired 3D seismic data. Both oil and gas prospectivity has been identified at Miocene and Oligocene levels.

Cendrawasih VII (Papua)
Lundin Petroleum is undertaking geological and technical studies on the Cendrawasih VII Block (WI 100%), offshore eastern Indonesia.

Cendrawasih VIII (Papua)
In November 2014 Lundin Petroleum entered into a Joint Study Agreement for 100 percent of the Cendrawasih VIII Block which is contiguous to Cendrawasih VII Block. The acquisition of 2D seismic has commenced. (end of excerpt)