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


To: Aloysius Q. Finnegan who wrote (1969)1/6/2001 8:50:36 PM
From: Tommaso  Read Replies (1) | Respond to of 2742
 
Good question.

Tomas, are you reading this? I feel like a fool holding this stock when everything else has gone up.



To: Aloysius Q. Finnegan who wrote (1969)1/8/2001 7:50:27 PM
From: Timelord  Respond to of 2742
 
Pogue-

Shpiragu-1 in Albania was spudded 11/29/00 and will drill to 15,419'. I saw 60 days mentioned in their on-line summary on their web site, so around the end of May.

They haven't estimated the other two in their press releases, but I'll take a stab and say E1-NC177 in Libya will run about 45 days since its planned at 8000' (shallower than the last two - D1-NC177 11,482', 65 days est. drill; C1-NC177 12,500'; est. drill of 66 days). It commenced drilling around 12/20/00.

East Bunga Ray-1 in Malaysia is also targeted at 8,000' and spudded 12/18/00. It's been a long time since they drilled in Malaysia, but if I remember, these wells also used to run around 45 days. So both Libya and Malaysia should hit in early February.

Tomas probably has better info if I can coax him out of retirement <g>.

Alex