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Gold/Mining/Energy : Lundin Oil (LOILY, LOILB Sweden) -- Ignore unavailable to you. Want to Upgrade?


To: Timelord who wrote (1457)1/17/2000 7:13:00 AM
From: Greywolf  Respond to of 2742
 
Block PM-3 production well A7 completed - flows 4812
BOPD. PM-3 productions increases by 15% to 15,000
BOPD

Lundin Oil AB is pleased to announce that its wholly owned subsidiary, Lundin
Malaysia Limited has completed the production well A7 on the Bunga Kekwa field
on Block PM3-CAA, offshore Malaysia and Vietnam.

Well A7 was completed on 31st December as a dual producer from two oil zones
and flowed on restricted choke at a combined rate of 4812 bopd. Current production
from the Bunga Kekwa field is now being restricted to approximately 15,000 barrels
per day for reservoir management purposes, although the successful A7 well has
increased field production capacity to 17,000 bopd.