Lundin Petroleum has started drilling the Laganskaya-1 exploration well in the Lagansky block, situated in the northern Caspian Sea in Russia. Lundin Petroleum has currently a 70% net interest in the Lagansky block.

The well, with a planned depth of 2,000 meters, is targeting Cretaceous and Jurassic Sandstone Reservoirs. The Laganskaya structure is situated towards the southwest of the recent Morskaya discovery but on a different structural trend associated with existing onshore fields. (more…)

Lundin Petroleum has interests in the Lagansky Block in the Caspian region.

The Lagansky Block is 2,000 square kilometres in size and is located offshore in the north Caspian area, close to major world class hydrocarbon discoveries. The Morskaya discovery was made in 2008 and contains good quality oil and has estimated contingent resources (more…)