Lundin spuds Bambazon exploration well, offshore Malaysia
STOCKHOLM, Sweden -- Lundin Malaysia, a wholly owned subsidiary of Lundin Petroleum, has started drilling the Bambazon exploration well in Block SB307/SB308, offshore East Malaysia.
The Bambazon prospect is in shallow water and lies to the north of a major producing field in offshore East Malaysia. The well will target hydrocarbons in Miocene aged sands.
Bambazon will be drilled with the West Prospero jackup rig to a total depth of approximately 1,250 m below mean sea level. The drilling of the well is expected to take approximately 25 days.
Lundin Malaysia holds an 85% working interest in SB307/SB308. Its partner is PETRONAS Carigali Sdn Bhd with a 15% working interest. Lundin Malaysia operates six blocks in Malaysia—PM307, PM319, PM308A, PM328, SB307/308 and SB303.
