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Gold/Mining/Energy : Lundin Oil (LOILY, LOILB Sweden)

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To: Greywolf who wrote (1177)	7/7/1999 10:11:00 AM
From: Tomas	Read Replies (2) of 2742

Talisman's Sudan pipeline flowing - Calgary Sun, July 7 By CP Talisman Energy Inc. has announced that the first oil has entered the controversial Sudanese pipeline in which it holds a one-quarter interest, and filling of the line is progressing well. "The project is working," Talisman president Jim Buckee said in a release yesterday. "This is another important milestone towards realizing oil exports, and comes less than a year after taking our interest in the project, well ahead of our expectations." About 50 people protested at the Toronto Stock Exchange last week against Talisman's involvement in the project, which the demonstrators said is being used by Sudan's government to gain funds to inflict "genocide" in southern Sudan. Talisman replied that the group's view of the African country's conflict is "simplistic" and that "development gives the option of moving forward." Talisman shares traded yesterday at about $43, up from a 52-week low of $22. canoe.ca

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