Lundin Malaysia BV, a wholly owned subsidiary of Lundin Petroleum AB, has spud its Mengkuang-1 exploration well on offshore Block PM307, targeting hydrocarbons in Miocene aged sands 75 km northwest of Bertam field.
Mengkuang-1 will be drilled by the West Prospero jack up rig over a period of 30 days to a total depth of 1,300 m below mean sea level. Lundin last year tested the Tembakau-2 appraisal well on Block PM307 (OGJ Online, Aug. 6, 2014).
Lundin Malaysia holds 75% interest in PM307, and Petronas Carigali Sdn. Bhd. holds the remaining 25%. Lundin operates six blocks in Malaysia, namely PM307, PM319, PM308A, PM308B, PM328, and SB307/308 (OGJ Online, Sept. 25, 2014).