Lundin Malaysia has started drilling of the Imbok-1 exploration well in blocks SB307 and SB308 in offshore East Malaysia.
Drilling at the Imbok prospect in shallow water is aimed at targeting hydrocarbon reserves in Miocene aged sands.
The prospect lies to the east and south of two producing fields in offshore East Malaysia. Lundin will use the West Prospero jack-up rig to drill the Imbok-1 well to a total depth of 1,700m below mean sea level for 30 days.
Lundin Malaysia holds 85% working interest in blocks SB307 and SB308 with partner Petronas Carigali which owns 15% interest.
The company operates seven blocks namely PM307, PM319, PM308A, PM308B, PM328, SB307/308 and SB303 in Malaysia.
In November, Lundin Malaysia started drilling of the Selada-1 exploration well in block PM308A.
The well is located 14km south of the Bertam field and was also aimed at targeting hydrocarbons in Miocene aged sands.
The Selada-1 exploration well was drilled to a total depth of about 1,700m below mean sea level.
Lundin Petroleum has assets primarily in Europe and South East Asia and has proven and probable reserves of 187.5 million barrels of oil equivalents as of 31 December 2014.