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Gold/Mining/Energy : Lundin Oil (LOILY, LOILB Sweden)
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To: Tomas who wrote (696)8/11/1998 1:11:00 PM
From: Tomas  Read Replies (1) of 2742
 
Falklands Oil Exploration. From "This is London" Tuesday
by MALCOLM WITHERS

Flashes in the sky off the stormy Falkland Islands are more likely to mean flashes in the pan but speculators still piled into Desire Petroleum up 9p to 1871/2p on hopes that Shell has discovered gas (claimed to be flaring in the night sky) and possibly oil in the South Atlantic. Other Falkland plays Westmount added 4p to 104p, Greenwich Resources 1/4p to 221/2p and Swedish Sodra Petroleum 1p to 551/2p.
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