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

To: Timelord who wrote (441)	1/6/1998 9:00:00 PM
From: Tomas	Respond to of 2742

Alex: No trading in Sweden today (Tuesday), all markets are closed (and we closed early yesterday. The Epiphany). I'm not sure whether IPC will be trading Wednesday- Friday or not, Friday is the last day to accept Sands' offer, and if you buy IPC tomorrow you won't own the stock until next week (3 trading days). If trading really continue I suppose all IPC buyers Wed-Fri will be in the same boat as the stock holders not accepting the offer. Sands still expect the new stock to start trading on Monday, but it has not been finally decided yet.

To: Timelord who wrote (441)	1/6/1998 10:12:00 PM
From: Tomas	Respond to of 2742

Alex: Now you can sell your Swedish-English dictionaries and quit your Swedish language classes, Sands' English home page is finally here! sandsp.se

To: Timelord who wrote (441)	1/9/1998 8:01:00 PM
From: Tomas	Respond to of 2742

OXY and IPC together in Albania! They will get concessions for 3 blocks, drilling could start by summer. Albania to grant onshore oil concessions soon TIRANA, Jan 9 (Reuters) - Albania will grant concessions to two international oil groups this month to search for oil in six onshore blocks, Public Economy Ministry officials said on Friday. Austrian OMV (SHQIPERIA) Exploration GmbH (OMVV.VI), British Enterprise Oil Exploration Ltd (quote from Yahoo! UK & Ireland: ETP.L), Clyde Gas Limited (quote from Yahoo! UK & Ireland: CDP.L) will be granted two blocks in the south and one in central north Albania, they said. Occidental of Albania, a subsidiary of U.S. Occidental Petroleum (NYSE:OXY - news), and the International Petroleum Corporation [Nasdaq:IRPPF - news] will get concessions for two blocks in the south and one in the north. Austria's OMV and Occidental, the leaders of each group, both have a year-long experience in Albania. The production-sharing deals, which Public Economy Minister Ylli Bufi told ATA news agency will be signed this month, have to be approved by the Socialist-led coalition cabinet. Albanian oil specialists believe drilling in the six blocks could start by summer. Numerous foreign oil companies have been given concessions to explore for oil onshore and offshore in Albania since the former communist Balkan state invited bids seven years ago. None has struck it rich yet and some suffered damages during the social turmoil enveloping the country after the collapse of crooked pyramid investment schemes last year.

To: Timelord who wrote (441)	1/14/1998 4:15:00 PM
From: Tomas	Read Replies (1) \| Respond to of 2742

Final Compilation Complete - Sands Acquires 95.5 percent of IPC STOCKHOLM, Sweden--(BUSINESS WIRE)--Jan. 14, 1998--Sands Petroleum AB Sands Petroleum AB's (''Sands'') offer to the holders of common shares and Swedish Depositary Receipts ("SDRs") of International Petroleum Corporation (Nasdaq:IRPPF - news; "IPC") expired on January 9, 1998. Sands has acquired 41,130,920 common shares of IPC (including common shares represented by SDRs) representing 95.5 percent of the issued and outstanding common shares in IPC (excluding shares and SDRs held by Sands). As consideration Sands will issue in total 35,767,003 new shares of series B with a total nominal value of SEK 17,883,502 (including series B shares of Sands which will be represented by global depositary receipts (''GDR'')). Sands' share capital will then amount to SEK 39,597,611. Settlement for tendered SDRs is expected to begin on or about January 15, 1998. Sands intends to initiate a compulsory acquisition process according to the Canada Business Corporations Act in order to acquire any remaining outstanding shares in IPC, including shares represented by SDRs, on or about January 15, 1998. The compulsory acquisition process is expected to be settled with shares of series B in Sands, pursuant to which every 1.15 shares (or SDRs) in IPC will be exchanged for one newly issued share of series B in Sands (or one GDR). The compulsory acquisition process is expected to be completed in February 1998. Trading of the newly issued shares of series B in Sands on the O-list at the Stockholm Stock Exchange is expected to begin on January 19, 1998. The last day of trading with SDRs in IPC on the O-list at the Stockholm Stock Exchange is expected to be January 19, 1998. Trading in shares of series B in Sands represented by GDRs is expected to begin on The Toronto Stock Exchange on January 19, 1998 and on NASDAQ on or about January 20, 1998. URL: biz.yahoo.com