The well was dry and has been plugged and abandoned.

The well was targeting hydrocarbons in Miocene aged sands approximately 14 km to the south of the Bertam field operated by Lundin Malaysia. Selada-1 was drilled with the West Prospero jack-up rig.

Lundin Malaysia holds 75 percent working interest in PM308A. Partner is PETRONAS Carigali Sdn Bhd with 25 percent working interest. Lundin Malaysia operates seven blocks in Malaysia, namely PM307, PM319, PM308A, PM308B, PM328, SB303 and SB307/308.