Lundin spuds exploration well in the Munir Block
Posted: 3 December 2003
Lundin Petroleum announced the exploration well (Sehqanat deep
– 1) in the Munir Block, Iran has spudded. The Sehqanat prospect
is a large and well defined four way deep closure on trend with
existing very large discoveries and within a proven petroleum system.
The drilling operations will take approximately three to four months
and the total target depth is 2,887m below ground level. Up to seven
different reservoirs/targets are to be targetted through the drilling
of the first well.
In parallel, preparations are ongoing for the next well site location
and access road for the "Shakestan" prospect, which will
be drilled back to back following the completion of the first well,
"Sehqanat deep – 1".
The Munir Block is operated by Edison Gas (40% working interest)
with partners Petronas Carigali Overseas Sdn Bhd (30%) and Lundin
Petroleum (30 per cent).
Ashley Heppenstall President and CEO comments: "We are excited
about the prospectivity of our exploration drilling campaign in
Iran. The Munir Block is situated in a proven petroleum system where
there has been little exploration activity in recent years. The
seismic acquisition has identified large structures which have the
potential for major discoveries.
Lundin Petroleum is a Swedish independent oil and gas exploration
and production company with a well balanced portfolio of world-class
assets in France, Indonesia, Iran, Netherlands, Norway, Sudan, Tunisia,
Venezuela and Albania. The Company is listed on the O-list at Stockholmsbörsen,
Sweden (ticker "LUPE").
For more information see www.lundin-petroleum.com.
Posted by Richard Price,
Editor Pipeline Magazine
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