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Santa Catalina Mining SLM.V Suite 1320 885 West Georgia Street Vancouver British Columbia Canada V6C 3E8 Phone 1 604 689-7842 Fax 1 604 689-4250 A Lundin company in which the family owns 40%, chairman is Adolf Lundin with his son Lukas as CEO. The company is active onshore Algeria in the Hassi Bir Rekaiz block and have a 12.5% share in that venture. SLM owns 50% of Santa Catalina Ltd (Algeria) which holds 25% of the concession. Other partners are Drucker Petroleum (Algeria), BP Amoco, Turkish Petroleum, CVL Resources and Essex Resource Corp. This concession is a well developed prospect in a proven hydrocarbon province, with a 1.8 billion barrel recoverable potential. BPAmoco, is the operator of the Hassi Bir Rekaiz block, and has spent in excess of $70 million defining a megastructure covering 85,000 acres. | ||||||||||||||
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