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

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To: Tomas who wrote (637)6/29/1998 2:36:00 PM
From: Timelord  Read Replies (1) of 2742
 
Tomas, you must be on holiday, its been strangely quiet without your posts! Perhaps Greywolf can respond if you're not available.

I assume that the price weakness in LOILY shares is due to the delay in the announcement of the Malaysian gas deal, either because of weakness in the local SE Asian economy or general bureaucratic delays or a combination of both. No doubt weak oil & gas prices, lack of news, and the removal of LOILY from the Matteus watch list hasn't helped either.

Speaking of lack of news, anything leaking out about the Bunga Pakma 1 well yet? (This usually precipitates a news release, so I thought I'd try it again <g>!)

Alex
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