11:45 AM EST - Lundin Petroleum AB : through its wholly-owned subsidiary Lundin Norway AS (Lundin Norway), is pleased to announce that drilling of appraisal well 16/3-8S on the Johan Sverdrup discovery located in the North Sea sector of the Norwegian Continental Shelf, has commenced. The well is located on PL501 at the crest of the Avaldsnes High in the eastern part of the discovery with the objectives to establish the depth, quality and thickness of Zechstein group carbonates of Permian age and investigate the presence and quality of Jurassic reservoir sequences approximately 3.9 kilometres south-east of the discovery well 16/2-6. Lundin Petroleum AB
shares T.LUP are trading unchanged at $20.67.
