They got it horribly wrong a couple of years ago .....
www.corporatewatch.org.uk
June / July 2005
“Highlighted by Human Rights Watch for it’s involvement in Sudan is the International Petroleum Company (IPC) a wholly owned subsidiary of Swedish company Lundin AB. Lundin also pulled out of Sudan in 2003.”
[4] Lundin Oil of Sweden (NASDAQ listing under: LOILY). This small oil exploration company very recently resumed activities in Concession Block 5a, south of Bentiu (GNPOC operations are north and west of Bentiu). They are presently the prime beneficiaries of the newly constructed, all-season road that extends 60 miles south of Bentiu and allows not only oil equipment but heavy military equipment to move south. Lundin is evidently not persuaded by the numerous reports of extremely intense scorched-earth warfare and civilian displacement associated with their oil development in Concession Block 5a.
Lundin Petroleum AB (LNDNF.PK-$11.25), and its partners, Austrian OMV and Malaysian Petronas, have never made—according to Human Rights Watch—public statements condemning the displacement, destruction, or other abuses brought about by oil development in their issued energy exploration parcels (blocks). Lundin claimed, however that [local] people were grateful for the road(s) the Company built in its block 5A.
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