Ludin Increases Production Offshore Malaysia

Lundin Oil together with Petronas Carigali and PetroVietnam, have completed the eighth development well on the Bunga Kekwa field, located in the PM-3 Commercial Arrangement Area, offshore Malaysia/Vietnam.

The total production has, as a result, increased from 14,300 barrels of oil per day to 18,000 bopd.

A ninth development well is currently being drilled to ensure that this production level can be sustained for an extended period. After completion of the ninth development well on the Bunga Kekwa field, Transocean Sedco Forex's jackup, Harvey H. Ward will be mobilized to the nearby East Bunga Raya exploration well location, in order to test a large prospect with shallow gas bearing sand channels and deeper oil targets.