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

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To: Tomas who wrote (1779)8/7/2000 9:53:19 PM
From: Tomas  Read Replies (2) of 2742
 
Sudan - From Talisman's Q2 Report last week

Sudan
Production operations continued very successfully during the quarter with Talisman's share of production averaging 45,945 bbls/d.

Conversion to electrical submersible pumps continued to enhance production. Commitment to upstream and downstream facility expansion and to the development of the Munga and Bamboo fields is expected in the second half of 2000.

The Timsah exploration well was drilling during the quarter. Drilling was slower than planned and the well is expected to reach total depth in mid-August. Another exploration well in Block 4 is planned for the fourth quarter of the year.

Year to date, 11 wells have been drilled, with seven confirmed as oil wells and four wells which have been cased and are waiting to be tested.
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