The probe, drilled by Seadrill-owned jack-up West Prospero in Lundin-operated Block PM308A, was targeting hydrocarbons in Miocene-aged sands at the prospect, located about 14 kilometres south of its operated Bertam field.

However, “the well was dry and has been plugged and abandoned”, Lundin said in a statement.

Lundin holds a 75% operated interest in the block, with Malaysian state-run oil company Petronas holding the remaining 25% equity.

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