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Gold/Mining/Energy : Lundin Oil (LOILY, LOILB Sweden) -- Ignore unavailable to you. Want to Upgrade?

To: Tomas who wrote (1626)	5/4/2000 12:37:00 AM
From: Tomas	Respond to of 2742

Falkland Islands - South Atlantic Westmount Energy - Interim Results, April 27 From CHAIRMAN'S INTERIM REVIEW ... The analysis of the results from the first drilling programme in the North Falkland Basin has confirmed the richness of the oil source rock encountered by all the six wells drilled. It has been reported that possibly up to 60 billion barrels of oil have been generated but that the exploration wells drilled targeted potential oil fields above the source rock, whereas new geological modelling suggests that there may be more success in drilling below the source rock. With the improvement in the level of oil prices it is hoped new companies will be encouraged to farm-in to existing licences and promote a further drilling programme.

To: Tomas who wrote (1626)	5/8/2000 10:29:00 AM
From: Tomas	Read Replies (2) \| Respond to of 2742

Libya: National Oil Corporation Sets Date for Talks TRIPOLI, May 8 (energy24.com) - Libya has announced that it will be hold meetings during this week with 50 companies from around the world, in an effort to ease the process by which they can invest in the state. Libyan company, National Oil Corporation is to set the terms and conditions of 80 up-and-coming contracts for the production and exploration opportunities available to the international energy companies. Foreign companies are now able to return to Libya following the suspension of trade sanctions last year. However, the legislation for the return of the various oil companies has not yet been completed by the government.