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 (506)	4/2/1998 5:53:00 PM
From: Tomas	Read Replies (1) of 2742

Sands Petroleum: Name Change to Lundin Oil AB Effective as of April 2 VANCOUVER, British Columbia--(BUSINESS WIRE)--April 2, 1998-- Sands Petroleum AB is pleased to announce that regulatory and shareholder approval has been received effective April 2, 1998 regarding the Company's name change to Lundin Oil AB. The shares of the Company will commence trading under its new name and symbol effective April 2, 1998 on NASDAQ, April 3, 1998 on The Toronto Stock Exchange and April 7, 1998 on the Stockholm Stock Exchange. The trading symbols will be LOILY on NASDAQ, LOIL B on the Stockholm Stock Exchange and LOI on The Toronto Stock Exchange. Lundin Oil has a well-balanced portfolio of production, development, appraisal and exploration acreage worldwide. Following the recent merger with International Petroleum Corporation, the Company is now very well positioned to become one of the more important independent oil companies operating globally.

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