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Gold/Mining/Energy : Lundin Oil (LOILY, LOILB Sweden)
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To: Tomas who wrote (1319)9/20/1999 3:57:00 PM
From: Tomas  Read Replies (1) of 2742
 
Oil & Gas Journal last week: Exploration interest is returning to Sudan

Now that Sudan has rejoined the ranks of oil exporters,
E&P interest is returning to that country.

TotalFina's E&P manager, Christophe de Margerie, has
had talks with Sudan's energy minister in Paris over
restarting exploration on a Marathon oil field
discovery where predecessor Total had run seismic in
the 1980s.

Total had pulled out because the area was unsafe but
had managed to have the license renewed regularly. If
TotalFina believes conditions are safe to resume work
on the field, it will go ahead, eventually looking for
a partner. Especially helpful in the case of a
commercial development is a new export pipeline from
fields in south-central Sudan to a port on the Red Sea
(OGJ, July 12. 1999. 4)
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