11:44 AM EST - Lundin Petroleum AB : said that its Lundin Norway AS, operator of production licence 338, has completed well 16/1-15 on the Tellus prospect as an oil discovery. The well has been successfully tested and a comprehensive logging and coring program has been acquired. The well will now be sidetracked to appraise the Tellus discovery to ensure it will be included in the Luno. Lundin Petroleum AB
shares T.LUP are trading up $0.15 at $14.75.