Lundin Petroleum Announces Completion of Makouala Marine-1 Well Off Congo

Lundin Petroleum AB (Lundin Petroleum) announces the completion of the Makouala Marine-1 well in Block Marine XIV, offshore Congo (Brazzaville).

The Makouala Marine-1 well, in Block Marine XIV offshore Congo (Brazzaville), has encountered limited oil bearing pay in the target Sendji formation reservoirs. This well was the second of a two to three well campaign in the area. The well will now be plugged and abandoned and the drilling rig will be released.

Lundin Petroleum is a Swedish independent oil and gas exploration and production company with a well balanced portfolio of world-class assets primarily located in Europe and South East Asia. Lundin Petroleum has proven and probable reserves of 187 million barrels of oil equivalent (MMboe).

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Subsea World News Staff , December 23, 2011;  Image: Lundin Petroleum