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Gold/Mining/Energy : ARAKIS: HIGH RISK OIL PLAY (AKSEF) -- Ignore unavailable to you. Want to Upgrade?

To: Marantz who wrote (7332)	11/22/1997 12:58:00 PM
From: Tomas	Read Replies (2) \| Respond to of 9164

Marantz: Adolf Lundin introduced Lundin Oil (=Sands+IPC) at a meeting in Stockholm, Sweden a couple of days ago. There's no article, just a speech! I've heard him mentioning the future 400,000 bopd before, but this time he surprised me by saying "an initial capacity of 300,000 (200,000+100,000) bopd" instead of the usual figures. IPC has reprocessed 3000 km of existing seismic data on Block 5A, and in a couple of weeks they will commence a 1350 km seismic survey to help better define and upgrade prospects in preparation for the 1998/1999 drilling season in Sudan. Tomas