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

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To: Greywolf who wrote (1096)5/21/1999 8:29:00 AM
From: Greywolf   of 2742
 
Adolf Lundin in an interview,

with Finanstidningen fti.se say's that production in the Sudan can possibly start during Q3 year 2001. This after about another ten holes have been drilled. Lundin Oil are set to concentrate their effort's and resources on just Africa in the coming years according to AL. Financing of the African adventure will be at the cost of Malaysia which will be swapped, sold in part or as a whole package. As stated yesterday Lundin is in talks with two "majors" and there is hope a deal will be on the table in a "few months".

Greywolf
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