Lundin Petroleum AB, through its wholly owned subsidiary Lundin Norway AS announces that exploration well 16/2-18S, drilled west of the main bounding fault for the Johan Sverdrup discovery, has been completed as a small oil discovery.

Exploration well 16/2-18S, located on Statoil operated PL265, was drilled west of Johan Sverdrup discovery approximately 9 kilometres west of discovery well 16/2-6 and 3 kilometres west of appraisal well 16/2-14. The primary objective of the well was to explore for a westerly extension of the Jurassic reservoir, approximately 2 kilometres west of the main bounding fault for the Johan Sverdrup discovery onto the southern Utsira basement high. The secondary objective was to investigate reservoir properties of the basement.

Tags: Lundin Petroleum