The well, which was plugged and abandoned as a dry hole, tested the hydrocarbon potential of a large basement high structure located in the east of the PM308A block.
According to the company, the objectives of the well were Oligocene sandstones in a four-way dip closure and fractured pre-Tertiary basement in the underlying horst block.
Batu Hitam-1 found the target Oligocene sandstones to be present with good reservoir quality containing gas with high concentrations of carbon dioxide.
Lundin Petroleum, through its Malaysian subsidiary, operates and holds a 35% interest in the PM308A block, while JX Nippon Oil & Gas Exploration (Peninsular Malaysia) and PETRONAS Carigali hold 40% and 25% interests, respectively.
