Lundin Oil (LOILY, LOILB Sweden) Message Board

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

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To: Donald Lickman who wrote (1054)	5/27/1999 1:10:00 PM
From: Tomas	of 2742

Red Sea Oil - Home page: redseaoil.com Alberta Stock Exchange: Red Sea Oil page 209.5.8.4 RED SEA OIL CORP ("RSO-Y") - Conference Call We would like to cordially invite you to participate in an upcoming conference call to be held on Tuesday, June 1, 1999 at 8:00 a.m. Pacific (Vancouver time). Mr Ian Lundin, President, and Mr. Alex Schneiter, Vice President-Exploration, will present an update on the development-production for the En Naga West and North field as well as the Company's upcoming exploration program on the large new Haruj A prospect 30 kilometres south of the En Naga discovery. An update on the current Rights Issue will also be provided. Current third party estimates of proven and probable recoverable oil reserves are 70 million barrels. Exploration program to resume in third quarter of 1999. Rights Issue: 1.25 Rights plus $1.25 to purchase 1 Unit. Each Unit comprised of 1 Common Share and 1 Warrant Two Warrants plus $1.50 to purchase 1 Common Share until January 31, 2000. Date : June 1, 1999 Time : 8:00 Pacific (Vancouver time) Call-in Numbers: 1-800-348-6433 (toll-free within North America) 212-271-4760 (outside of North America) //et There will be a tapped replay of the conference call available. The numbers to call for the taped replay are (note: a password is required for the taped replay): 1-800-558-5253 within North America with the password: 126480 or 416-626-4100 outside of North America with the password: 1425520. TEL: (604) 689-7842 Sophia Shane FAX: (604) 689-4250 TOLL FREE: 1-888-689-7842 EMAIL: redseaoil@namdo.com

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