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Gold/Mining/Energy : Lundin Oil (LOILY, LOILB Sweden)
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To: Greywolf who wrote (1309)9/14/1999 10:41:00 PM
From: Tomas  Read Replies (1) of 2742
 
Sudan: Bob Mitchell, Talisman's vice-president of operations, said that a large crude oil production project in Sudan, in which Talisman holds a 25% interest currently, has productive capacity of 180,000 barrels a day. He said oil production from the project at the end of 2000 could be as high as 220,000 b/d.

Mithcell also said that Talisman has also recently increased its estimate of proven reserves in Sudan to 800 million barrels from a previous estiamte of 450 million barrels, following a number of exploration successes.
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