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Gold/Mining/Energy : Lundin Oil (LOILY, LOILB Sweden)
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To: Oily1 who wrote (1387)11/10/1999 11:47:00 AM
From: ISPYOIL  Read Replies (1) of 2742
 
Bullish on Lundin Oil,are you oily1??Lundin Oil is in a great position in several key areas, Libya, Sudan and Malayasia. My point is that they all have much better reward to risk profiles compared to the Falklands which is very costly and damn near disabled the good ship Lundin with the costly program required. The Sodra financing helped out of course and was a good move.Letting a major farmin and remove all or most of the cost, and risk, to me is a better allocation of capital for Lundin. Please tell me your view.
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