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

To: Tomas who wrote (524)	3/30/1998 4:02:00 PM
From: Tomas	Respond to of 2742

Sands Petroleum Completes Compulsory Acquisition VANCOUVER, March 30, 1998 Sands Petroleum is pleased to announce that it has completed the compulsory acquisition of the remaining issued and outstanding common shares of International Petroleum Corporation (''IPC'') which it did not already own pursuant to the provisions of the Canada Business Corporations Act. Pursuant to the compulsory acquisition proceeding, Sands acquired an additional 2,110,037 common shares of IPC in exchange for the issuance of 1,834,818 Series B shares of Sands. IPC is now a wholly-owned subsidiary of Sands.