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Gold/Mining/Energy : Lundin Oil (LOILY, LOILB Sweden)
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To: Tomas who wrote (329)10/8/1997 9:06:00 AM
From: balisurf   of 2742
 
Thomas,

Congrats, we seem to have the real thing here. Most signifigant is the oil sand and the ability to resolve the difficult stratigraphic nature of these channel sand reservoirs. Unocal was "on to it" and now, it appears, so is IPC. With these kind of flow rates (5,500BOPD) through a moderately deviated well, one must wonder what a horizontal would do....? First official news release confirming the 18,000+BOPD figure for current production at Bunga Kekwa that I have seen. This news should bump the stock on the North American exchanges, I would think-lets see....
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