Lundin spuds appraisal well in Barents Sea

Lundin Petroleum AB (Lundin Petroleum), through its subsidiary Lundin Norway AS (Lundin Norway), has announced that drilling of appraisal well 7220/11-2 in PL609, in the Barents Sea, has started.

The Alta discovery is located 10 to 20 km northeast of Lundin Petroleum’s Gohta discovery in the Barents Sea South and approximately 160 km from the Norwegian coastline. The appraisal well 7220/11-2 is located 6.5 km southwest of the Alta discovery well 7220/11-1 that was completed in October 2014.

The main objective of well 7220/11-2 is to confirm the reservoir model and prove the presence of hydrocarbon columns and fluid contacts similar to those established in the Alta discovery well.

The planned total depth is 2,020 metres below mean sea level and the well is being drilled using the drilling rig Island Innovator. According to Lundin, drilling is expected to take approximately 60 days.

Lundin Norway holds 40 percent working interest in PL609. Partners are DEA Norge AS and Idemitsu Petroleum Norge AS with 30 percent working interest each.

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