Lundin produces first oil from offshore Malaysia

April 14, 2015 11:36 AM

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Lundin produces first oil from offshore Malaysia

Company in January set aside major cash for field development in Southeast Asia.

Lundin announced its Malaysian subsidiary started commercial production from the Bertam field using four pre-drilled development wells. Peak production of 15,000 barrels of oil per day is expected by late 2015.

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