JAKARTA (Yosefardi) – Lundin Petroleum is scheduled to drill Gloria A prospect in the Gurita Block, Natuna Sea, Indonesia this year.

The Gloria A prospect, which is estimated to contain gross 25 MMboe of prospective resources, is scheduled to be drilled in 2013 immediately following the completion of the drilling of the Balqis and Boni prospects on the Baronang production sharing contract.

Lundin Petroleum has 90% working interest in Gurita Block, while Nido Petroleum has the balance. Lundin also has interests in Baronang Block, South Sokang, and Cendrawasih VII Block.

On South Sokang block, where Lundin has 60% working interest, the seismic processing and interpretation are expected for completion in the first half of 2014.