Lundin’s Selada wildcat disappoints offshore Malaysia

November 26, 2015

STOCKHOLM, Sweden -- Lundin Malaysia, a wholly owned subsidiary of Lundin Petroleum, has completed the Selada-1 exploration well in Block PM308A, offshore Malaysia. The well was dry and has been plugged and abandoned.

The well was targeting hydrocarbons in Miocene aged sands approximately 14 km to the south of Bertam field, which is operated by Lundin Malaysia. Selada-1 was drilled with the West Prospero jackup rig.

Lundin Malaysia holds a 75% working interest in PM308A. Its partner is PETRONAS Carigali Sdn Bhd with a 25% working interest.

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