Lundin Oil (LOILY, LOILB Sweden) Message Board

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

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To: Razorbak who wrote (960)	3/26/1999 8:34:00 PM
From: Greywolf	Read Replies (9) of 2742

The Malaysian field PM3 is finally on the block's to be sold. According to an article i Finanstidningen fti.se in Sweden on Saturday 27/3 there are two major oil company's bidding for the the PM-3 field. The deal is thought to be completed in 2-3 weeks say's Ian Lundin. There is a possibility that Lundin Oil will swap the PM-3 field for other producing field's somewhere else this also according to Ian Lundin. These field would then be close to Lundin other field's... Africa or the North Sea.. Hmmm So there it is then! That which has been on the "go" for some time now. It's going to be interesting to find out whom the majors are. Unocal, Mitsubishi or Shell... The drill in the Sudan is set to start between the 29/3 and the 5/4 ie real soon, like on Monday or... Have a good weekend, Greywolf

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