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Gold/Mining/Energy : Lundin Petroleum LUPE Sweden

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From: harryh	3/17/2008 6:46:10 PM
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Greywolf, As I stated before I read your posts very thorougly and your expertise around Lundin Petroleum I envy. A very interesting discussion came up in Stockholm when we now approaching a potential start of the Lagansky adventure. On your website you referring to a mystic E.MOR-4 drilling carried out by a unknown operator near the Laganskaya prospect in early 80s. To my question, what do we know more about the Lagansky block and test drillings for the recent identified prospects Petroskaya and Morskaya aswell? Ones have to be very bullish on the whole Lagansky area due to previous "mammut" findings by Lukoil in 2005. Accoring the Lundin P Morskaya should be neighbour with the "mammut" Viktor Filanovski which initially showed 600m barrels in proven reserves. However Lukoil now upgraded the field holding more than a billion of barrels in reserves. Do you have any insights being made in the block which could be of interest understanding the "chance of success"? Thanks in advance and looking forward to you answer.

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