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What is Lundin Petroleum Signs PSCs in Malaysia about?

Lundin Petroleum signed three new production sharing contracts with PETRONAS in Malaysia covering three blocks - PM308A, PM308B, and SB303. Lundin holds varying interests in the blocks ranging from 35-75% and is the operator. The blocks contain existing oil and gas discoveries as well as identified prospects and leads. Lundin plans to conduct further seismic acquisition and exploration drilling on the blocks to evaluate their hydrocarbon potential.

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redevils86

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