Lundin Petroleum, through its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has commenced the drilling of exploration well 7220/11-1 in PL609. The well will target the Alta prospect, which is located some 20 km northeast of the Gohta discovery in the Barents Sea.
The main objective of well 7220/11-1 is to prove the presence of hydrocarbons in sandstones of Triassic age in addition to carbonates of Permo-Carboniferous age. Lundin Petroleum estimates the Alta prospect to have the potential to contain unrisked, gross prospective resources of 261 million barrels of oil equivalent (MMboe).
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Lundin Petroleum
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