Malaysia: Lundin appraisal well off Sabah finds water

July 27, 2012
Lundin Petroleum AB found the mid-Miocene target sands to be water-bearing in the Tiga Papan-5 well on Blocks SB307 and SB308 offshore Sabah, Malaysia.

Lundin Petroleum AB found the mid-Miocene target sands to be water-bearing in the Tiga Papan-5 well on Blocks SB307 and SB308 offshore Sabah, Malaysia.

The company will plug the well, which targeted an unappraised fault block of the Tiga Papan Unit that was successfully tested in 1982 by the Tiga Papan-1 well.

The Courageous rig, formerly West Courageous, will move to drill the Berangan prospect on Block SB303.

Lundin Petroleum holds 42.5% interest in Blocks SB307 and SB308 through Lundin Malaysia BV. Partners are Petronas Carigali Sdn. Bhd. with 25% and Nio Petroleum Sabah (Ltd.).