The Luba-1 well in Brunei’s Block L, managed by Serinus Energy, encountered significant technical challenges during its exploration. Drilling commenced in November 2013, with objectives to investigate specific hydrocarbon indicators within the area. However, operations halted prematurely due to complications with equipment getting stuck at depth, which required the well to be temporarily suspended. Serinus holds a 90% interest in Block L under a production sharing agreement with Petroleum Brunei, and despite setbacks, the company is planning further evaluation of the Luba-1 project to determine next steps in partnership with local authorities