Lundin

Lundin subsidiary Lundin Gurita spudded the Gobi-1 exploration well off the coast of Indonesia, in the Gurita production-sharing contract, using jack-up rig Hakuryu-11. Gobi-1 is a wildcat well designed to test the potential of Oligocene and Early Miocene stacked, fluvial sandstone reservoirs in a three-way, fault-dependent structure in the Jemaja basin. Lundin (90%) is operator, with partner Nido Petroleum (10%).


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