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

To: Tomas who wrote (574)	5/21/1998 9:08:00 PM
From: Tomas	Respond to of 2742

The Falklands and Desire Petroleum. The Times, Friday May 22 By Michael Clark BUYING a stake in Desire Petroleum has been more lucrative than winning the National Lottery for little Greenwich Resources. Its shares shot up 9 1/4 p, or 32 per cent, to 38p yesterday as brokers continued to evaluate the 13.85 per cent stake it holds in this week's star performer, Desire. At the start of this week when Desire stood at 175 1/2 p, the 6.55 million shares were worth œ11.5 million. By the close of business last night, after Desire had surged a further 108 1/2 p to 414p, the value of the holding had grown to œ27.1 million. Behind it all is Desire's stake in an oilfield offshore of the Falkland Islands which is yielding promising traces of hydrocarbons.