Lundin Malaysia has completed the Bambazon exploration well in Block SB307/SB308, offshore East Malaysia.
The Bambazon well encountered approximately 15m of net logged reservoir pay with oil shows over three main reservoir intervals and the well has been plugged and abandoned and will be expensed in Q1 2016.
Bambazon was drilled with the West Prospero jackup rig to a total depth of approximately 1380m.
Lundin Malaysia holds 85% working interest in SB 307/308 with partner Petronas Carigali (15%).
Lundin Malaysia operates six blocks in Malaysia, namely PM307, PM319, PM308A, PM328, SB303 and SB307/308.
Map from Lundin Malaysia.
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