Lundin Oil (LOILY, LOILB Sweden) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Aloysius Q. Finnegan who wrote (1969)	1/8/2001 7:50:27 PM
From: Timelord	of 2742

Pogue- Shpiragu-1 in Albania was spudded 11/29/00 and will drill to 15,419'. I saw 60 days mentioned in their on-line summary on their web site, so around the end of May. They haven't estimated the other two in their press releases, but I'll take a stab and say E1-NC177 in Libya will run about 45 days since its planned at 8000' (shallower than the last two - D1-NC177 11,482', 65 days est. drill; C1-NC177 12,500'; est. drill of 66 days). It commenced drilling around 12/20/00. East Bunga Ray-1 in Malaysia is also targeted at 8,000' and spudded 12/18/00. It's been a long time since they drilled in Malaysia, but if I remember, these wells also used to run around 45 days. So both Libya and Malaysia should hit in early February. Tomas probably has better info if I can coax him out of retirement <g>. Alex

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next