Lundin reports dry well at Hurri prospect in the Barents Sea

1/10/2018

STOCKHOLM -- Lundin Petroleum AB (Lundin Petroleum) announces that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has completed the drilling of the Hurri exploration well 7219/12-3S located in PL533 in the southern Barents Sea. The well was dry.

The main objectives of the well were to test the reservoir properties and hydrocarbon potential of the Upper Jurassic Hekkingen formation and Middle Jurassic Stø formation.

The well encountered no reservoir development in the Hekkingen formation and good reservoir in the Stø formation but with no indications of hydrocarbons. Extensive data acquisition and sampling were carried out.

The well was drilled using the semisubmersible drilling rig Leiv Eiriksson, which after completion of operations on the Hurri well will proceed to abandon the Filicudi discovery well, also located in PL533.

Lundin Norway is the operator of PL533 with a 35% working interest. The partners are Aker BP with 35% and DEA Norge with 30%.

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