Lundin Malaysia BV, the wholly owned subsidiary of Sweden-based Lundin Petroleum AB, has signed a PSC with Petronas for Block PM319, located at offshore peninsular Malaysia. Block PM319 covers an area of approximately 8,400 square km and has very limited 3D coverage. The work commitments include a full tensor gravity survey and the construction of a wildcat exploration well. Meanwhile, Lundin Petroleum AB has finished the construction of the Tembakau-1 well at Block PM307, off the shore of peninsula Malaysia. The company has completed an extensive data acquisition programme involving the collection of rock and fluid samples and mini-drill stem tests.