Sweden's Lundin Petroleum has discovered "significant gas shows" in the Maligan exploration well in Block SB307/SB308, offshore East Malaysia.
The Maligan well was drilled with the West Prospero jackup rig to a total depth of approximately 1380m. The well has now been plugged and abandoned and will be expensed in the first quarter of 2016.
Maligan is in shallow water and lies to the north of a major producing field in offshore East Malaysia. Lundin Malaysia holds 65% working interest in SB 307/308. Partners are DYAS with 20% working interest and Petronas with 15%.
Lundin Malaysia operates six blocks in Malaysia, namely PM307, PM319, PM308A, PM328, SB303 and SB307/308.