Lundin Oil (LOILY, LOILB Sweden) Message Board

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

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To: Timelord who wrote (477)	2/27/1998 12:57:00 AM
From: Tomas	Read Replies (1) of 2742

The road show has been postponed one month, the tour will start mid March instead of mid February. Ian Lundin: The Company is aggressively pursuing new acreage and expects to be awarded one or more new blocks in Libya. The ecxellent results of the B1-NC177 well combined with the very large upside potential of the eastern extension indicate that Block NC177 could be a true company builder. RSO intends to explore and develop this block to its full extent over the coming years and expand its presence in Libya through other ventures.

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