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    Lundin Petroleum Spuds Janglau Exploration Well Offshore Peninsular Malaysia

    Investing News Network
    Sep. 23, 2011 05:01PM PST
    Resource Investing News

    Lundin Petroleum AB (TSE:LUP) started the drilling of the Janglau prospect in Block PM308A, offshore the east coast of Peninsular Malaysia.

    Lundin Petroleum AB (TSX:LUP) started the drilling of the Janglau prospect in Block PM308A, offshore the east coast of Peninsular Malaysia.

    The press release is quoted as saying:

    The Janglau-1 exploration well will test the hydrocarbon potential of Eocene to Oligocene alluvial sands overlying a Pre-Tertiary high that also forms a second objective of the well. The Janglau prospect is located to the north-east of the PM308A block, 7 km to the east of the Rhu oil discovery made in 1991. The planned total depth is 3,950 meters subsea and the well will be drilled using the jack-up drilling rig Offshore Courageous. The well is expected to take approximately 45 days.

    Click here to access the entire press release

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