The company said on Tuesday its amended PSC now covered the Cendrawasih VII Block, a 5545-square-kilometre area off north-eastern Indonesia.
Lundin will hold a 100% interest in this new acreage, which substitutes the existing Sareba Block that has now become a protected nature conservation area.
Cendrawasih VII contains the shallow-water portion of the Mamberamo delta and an undeveloped gas discovery in Pliocene turbidite reservoirs.
