Lundin Petroleum AB (TSX:LUP) has started its 2012 Malaysian drilling in the SB307 & SB308 Block offshore Sabah, East Malaysia.
As quoted in the press release:
Lundin Petroleum holds 42.5 percent interest in SB307 & SB308 through its subsidiary Lundin Malaysia BV. Lundin Malaysia BV’s partners are PETRONAS Carigali Sdn Bhd with a 25 percent interest and Nio Petroleum Sabah (Limited). Lundin Malaysia BV operates five blocks in Malaysia, namely PM308A, PM308B, SB303, SB307 & SB308.
Click here to read the Lundin Petroleum AB (TSX:LUP) press release.