ISSN 2330-717X

Lundin Temporarily Suspends Alber Exploration Well Offshore Norway

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Lundin Petroleum said Thursday that drilling of exploration well 6201/11-3 in PL519 targeting the Albert prospect has been temporarily suspended until August.

The Bredford Dolphin drilling rig is moving to a Norwegian yard to complete its five year renewal survey before returning to complete the Albert exploration well. Lundin Petroleum originally anticipated that the well would be completed prior to the date of the renewal survey but due to delays in drilling this was not possible.

The main objective of well 6201/11-3 is to test Cretaceous and Triassic age sandstones of a multiple target structure.

The well has been temporarily suspended above the primary targets at 2,120 meters where the 13 3/8 casing has been set. The planned total depth is 3,150 meters.

Lundin Petroleum is the operator of PL519 with 40 percent interest. Partners are Bayerngas Norge AS, Norwegian Energy Company ASA and Spring Energy Norway AS with 20 percent interest respectively.

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