Lundin bites dust in Gemini (Norway)

Lundin Petroleum AB (Lundin Petroleum), through its subsidiary Lundin Norway, operator of PL338C, has completed the drilling of wildcat well 16/1-24, in a prospect named Gemini, in the North Sea. The well is dry.

The well was drilled about 10 km southwest of the Edvard Grieg field in the central part of the North Sea and 210 km west of Stavanger. The well was spudded in February 2015.

The primary exploration target for the well was to prove petroleum in Lower Paleocene Ty formation reservoir rocks. The well encountered no Ty formation sandstone. Data acquisition and sampling have been carried out. This is the first exploration well in PL338C, which was carved out from PL338 late 2014. Well 16/1-24 was drilled to respective vertical and measured depths of 2,269 and 2,299 metres below the sea surface, and was terminated in Upper Jurassic rocks. The well has been permanently plugged and abandoned. Water depth is 105 metres.

The well was drilled by the Island Innovator, a semi-submersible drilling rig, which will now drill appraisal well 7220/11-2 in PL609, where Lundin Norway is the operator.

Lundin Norway is the operator of PL338C with 50 percent working interest. Partners are Lime Petroleum Norway with a 30 percent working interest and OMV Norge AS with 20 percent working interest.

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