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Gold/Mining/Energy : Lundin Oil (LOILY, LOILB Sweden)
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To: Tomas who wrote (1356)10/23/1999 12:53:00 PM
From: Greywolf  Read Replies (1) of 2742
 
Ummm I wonder,

If Adolfïs "no more Falklands" statement is not a bit of smoke and mirrors. Shell did find oil and had oil in the hole. That much is clear and why move Sodra somewhere else? I bought shares in exploration off the Falklands and would gladly do so again simply because the possible reward is huge.

I can find no reason for the BGS to say that there is oil in the basin unless there is. Politically in respect to Argentina it would be more advantages to not say anything yet this is not the case.

At least the word is getting out, something that the group of oil companies may have not wanted to happen until the time is ripe. Oil at above $23 per barrel makes time more ripe thatïs for sure.
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