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

To: Tomas who wrote (2650)	7/22/2001 8:21:45 PM
From: Tomas	Read Replies (1) \| Respond to of 2742

The oil-and-gas research team at BMO Nesbitt Burns rates Petro-Canada, at "outperform." The encouraging sign for them is PetroCan's recent $75-million (U.S.) purchase of Lundin's interests in an oil-development project in Libya. "We consider this development positive for Petro-Canada since the oil is of excellent quality, and the area offers prospects for future developments," said the BMO team, which set a target price of $54 for the stock, well above its close of $36.95 Friday on the TSE. The Montreal Gazette, July 22