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

To: Tomas who wrote (1711)	6/12/2000 9:39:00 PM
From: Tomas	Read Replies (1) \| Respond to of 2742

Sudan: Foreign Minister To Visit Britain In July To Discuss Investment Issues Text of report in English by Sudanese news agency Suna on 11th June BBC Monitoring Service London, 11th June: Minister of External Relations Dr Mustafa Uthman Isma'il is due to visit Britain during the third week of next July. Sudan's ambassador to Britain, Dr Hasan Abidin, in an interview to Suna [Sudanese News Agency], announced that the Sudan Embassy in London is embarked on preparing for the visit. He said that part of the minister's visit is expected to focus on discussing prospects and opportunities of investment in Sudan for a number of British companies. He expressed desire to see more British companies and investors invest in the various sectors in Sudan. He explained that the embassy has a plan to increase the volume of commercial exchange between Sudan and Britain, pointing out that the country's current Investment Act, economic stability along with the facilitation of procedures of foreign investment are likely to create a good investment climate and provide further opportunities for the British investors more than at any time before. He also pointed to reports of the International Monetary Fund (IMF), namely the recent one [visit by an IMF delegation], saying that these reports are good indications on further openness by the Sudanese economy towards investment, investors and the international monetary institutions, a matter which he said would attract foreign capital and foreign companies, including the British ones, to invest in the country. Source: Suna news agency, Khartoum, in English 0417 gmt 11 Jun 00

To: Tomas who wrote (1711)	6/13/2000 5:03:00 AM
From: Edward M. Zettlemoyer	Read Replies (2) \| Respond to of 2742

Tomas, <Another rebel propaganda lie? "Lundin has withdrawn from Sudan"> Latest official word from Lundin Oil to the best of my knowledge: "Ian H. Lundin, President, announced that the planned testing, seismic and drilling operations on Block 5A, onshore southern Sudan have been rescheduled until the next dry season due to logistical and security considerations. However, construction of the all-weather road will continue through the wet season with a target completion date in the first quarter of 2001, upon which time operations on the block are expected to resume." Ref: biz.yahoo.com Interestingly, Mr. Malwal now teaches international affairs at Oxford University. Does one pass exams by believing Mr Malwal or CEO Ian H. Lundin? We live in interesting times. Ed