The company is drilling the appraisal well 16/2-17S located on the Statoil-operated PL265 block to examine the Jurassic reservoir thickness, quality and distribution.

Lundin is planning to spud the well to a planned total depth of around 2,060m below mean sea level, using the semi-submersible drilling rig Ocean Vanguard.

The drilling operation is expected to take about 55 days.

Statoil Petroleum is the operator of block PL265 with 40% interest. Other partners include Petoro holding, Det norske oljeselskap and Lundin Norway with 30%, 20% and 10% interest, respectively.