Lundin Petroleum through its wholly owned subsidiary Lundin Norway AS (Lundin Norway) is pleased to announce that the Johan Sverdrup appraisal well 16/2-21 located in PL501 is successfully completed.

Well 16/2-21 appraised the Johan Sverdrup discovery 3.8 km north of well 16/5-2S and 2.5 km west of well 16/2-7 and found a net oil column of 12 metres in a gross Jurassic reservoir sequence of 30 metres. The Jurassic sequence has excellent reservoir quality with a high net to gross ratio.

The oil water contact was established at 1,922 meters below mean sea level.

The well was drilled to a total depth of 2,045 metres below mean sea level and will now be plugged and abandoned.

Tags: Lundin Petroleum