09:53 AM EST - Lundin Petroleum AB : reported that its wholly-owned subsidiary, Lundin Norway AS, operator of PL338, has completed the sidetrack well 16/1-15A on the Tellus prospect. The objective of well 16/1-15A was to further appraise the Tellus discovery located in Block PL338. The well proved a 50-metre oil column including a thin lower Cretaceous sandstone with excellent reservoir quality overlaying fractured basement. Lundin Petroleum AB
shares T.LUP are trading up $0.37 at $13.17.
