11:42 AM EST - Lundin Petroleum AB : said that drilling of exploration well 7/4-3 in PL495 has commenced. The well will target the Carlsberg prospect, which is located some 24 kilometres north of the Lundin Petroleum operated Brynhild field in the North Sea, offshore Norway. The main objective of well 7/4-3 is to prove the presence of hydrocarbons in Upper Triassic and Upper Cretaceous reservoirs. Lundin Petroleum estimates the Carlsberg prospect to contain unrisked, gross, prospective resources of 67 million barrels of oil equivalent. Lundin Petroleum AB
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