Lundin Petroleum’s Indonesian assets include non-operated production from the Singa gas field and five exploration licences located in the Natuna Sea, Java and Papua
First gas was produced from the Singa field located in the Lematang Block, South Sumatra, in May 2010. A gas sales agreement is in place to supply gas to customers in West Java. Lundin Petroleum had net 2P reserves as at end 2012 of 2.7 MMboe and net best estimate contingent resources of 2.9 MMboe. Average net production during 2012 amounted to 1,000 boepd.
There are five other exploration licences within proven petroleum systems. Acquisition and interpretation of 2D and 3D seismic is ongoing with the aim to commence exploration drilling activities in the fourth quarter of 2013.