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Gold/Mining/Energy : Lundin Oil (LOILY, LOILB Sweden)
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To: isopatch who wrote (1877)10/18/2000 7:24:08 PM
From: Greywolf  Read Replies (2) of 2742
 
Hmm,

you had to ask..

From 1 January 2000 to 31 December 2000
approximately 30% of Lundin Oil's estimated crude oil production from the UK North
Sea has been locked in at a dated Brent price of USD 17.15 per barrel.

But as you can see the effect of the lifting of this at todays price level will be well ... significant to say the least. :)
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