Area Drilling

06/25/2001
AlbaniaLundin Albania Ltd., a unit of Lundin Oil AB, Stockholm, submitted its notice of withdrawal from Block 2 onshore.The Shpiragu-1 well spudded on the Block in November 2000 was drilling ahead at 4,500 m in mid-June. Lundin Oil decided on the basis of an intermediate logging run at 4,050 m that the well will not meet the company's economic threshold at current depth or deeper. Lundin Albania Ltd. maintains a 20% interest in one other block in Albania.AngolaExxonMobil subsidiary Esso Exploration Angola (Block 24) completed drilling the Semba-1 wildcat well on Block 24.Semba-1 encountered two oil-bearing reservoirs that flowed at a combined test rate of 3,039 b/d. Semba-1 was spudde...
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