Lundin Petroleum and partners OMV Exploration Sudan, Petronas Carigali Overseas and Sudapet plan to carry out work on the existing infrastructure within Block 5A and the equipment stored in the Rubkona base camp, Sudan, as a first step towards an eventual recommencement of activities.
Due to a deterioration of the security situation in Block 5A, Lundin suspended operations in January 2002. Positive developments in the peace process in Sudan, however, have resulted in the return to a peaceful environment in the concession area.
Initial activities will consist in repairing the infrastructure in Block 5A and refurbishing equipment. This activity will be followed by the mobilization of a drilling unit into the Block provided that the situation remains stable. The Consortium will initially concentrate on further appraisal activities in the Thar Jath Field which were suspended in January 2002.
Lundin Petroleum is a Swedish independent oil and gas exploration and production company with a portfolio of assets in Albania, France, Indonesia, Iran, Netherlands, Norway, Sudan, Tunisia and Venezuela. — (menareport.com)
© 2003 Mena Report (www.menareport.com)
