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Gold/Mining/Energy : Lundin Oil (LOILY, LOILB Sweden)
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To: Tomas who wrote (325)10/2/1997 8:57:00 AM
From: balisurf   of 2742
 
Thomas,

Bunga Kekwa, prior to the full interpretation of the 3D (2Q 97), stood at 39 MMB liquids recoverable proven (P1) and another 18.5MMB probable (P2). That means 57.5 MMBO (P1+P2). Don't know what the possible is (P3). Don't recall what Fina tested but don't believe what they have would be stand alone-needs to tie in to the existing facilities. Fina is currently evaluating their reserves as they have another 3 or so small discoverys similar to the Bunga complex. Believe the last exploratory well in PM-3 was an AVO anomaly drilled on the 3D seismic. This would suggest that they may have the play figured out...
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