Lundin spuds Imbok-1

December 7, 2015

Lundin Malaysia commenced drilling of the Imbok-1 exploration well in blocks SB307 and SB308, offshore East Malaysia.

The Imbok prospect is in shallow water and lies to the east and south of two major producing fields in offshore East Malaysia. The well will target hydrocarbons in Miocene aged sands.

Imbok-1 will be drilled with the West Prospero jack-up rig to a total depth of approximately 1700m below mean sea level. The drilling of the well is expected to take approximately 30 days.

Lundin Malaysia holds 85% working interest in SB307 and SB308. Partner is Petronas Carigali with 15% working interest. Lundin Malaysia operates seven blocks in Malaysia, namely PM307, PM319, PM308A, PM308B, PM328, SB307/308 and SB303.



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