Lundin Malaysia BV, a wholly owned subsidiary of Lundin Petroleum AB, completed the Imbok-1 exploration well on Blocks SB307 and SB308, offshore Saba, East Malaysia (OGJ Online, Dec. 8, 2015). The well, which was drilled using the West Prospero jack up rig, encountered minor oil shows. The well has been plugged.
At the close of Imbok-1, the same rig is now drilling Lundin Malaysia’s Bambazon exploration well near the Imbok-1. The company expects drilling to take 25 days. The prospect lies in shallow water to the north of St. Joseph oil field, also on Blocks SB307 and SB308. The well will target Miocene-aged sands.
Lundin Malaysia holds 85% working interest in SB307/308 and partner Petronas Carigali Sdn. Bhd. holds 15%. Lundin Malaysia operates six blocks in Malaysia, including PM307, PM319, PM308A, PM328, SB303, and SB307/308.