Lundin Oil (LOILY, LOILB Sweden) Message Board

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

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To: Tomas who wrote (681)	7/24/1998 6:41:00 PM
From: Tomas	Read Replies (2) of 2742

Sodra said Shell may have found oil off the Falkland Islands The Independent, Saturday. By Derek Pain "There was more excitement on the oil pitch. Swedish group Sodra Petroleum said Shell may have found oil off the Falkland Islands which, despite Shell denials, sent Desire Petroleum 27.5p higher to 232.5p. The Sodra off-shoot traded on AIM put on 3p to 65.5p." It's not correct to say "despite Shell denials", Shell have NOT denied anything. The truth is that Shells IR, James Herbert, today said: "No comments. We do not deny Sodras (Ian Lundins) statement, we just don't have any comments. We don't intend to give out any information at all until we have reached the final depth".

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