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Lundin Petroleum AB Completes Johan Svendrup PL501 Appraisal Well in License Shared with Statoil ASA and AP Moeller Maersk A/S's Units


Friday, 12 Jul 2013 03:00am EDT 

Lundin Petroleum AB announced through its wholly owned subsidiary Lundin Norway AS (Lundin Norway) that the Johan Sverdrup appraisal well 16/3-6, located in the eastern part of PL501 shared with Statoil ASA and AP Moeller Maersk A/S's units, found an oil column of 11.5 meters in good quality sandstone of Upper Jurassic age. The well is successfully completed. Lundin Norway is the operator in PL501 with 40% interest. Partners are Statoil Petroleum AS with 40% interest and Maersk Oil Norway AS with 20% interest. 

Company Quote

23.38
-0.6 -2.50%
4:03pm EDT