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Gold/Mining/Energy : American International Petroleum Corp

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To: Jones who wrote (404)7/16/1997 11:45:00 AM
From: Warner Buffett   of 11888
 
Here's the Second Release on Reuters:

Reuters, Wednesday, July 16, 1997 at 11:13

NEW YORK, July 16 (Reuter) - Independent energy company
American International Petroleum Corp said on Wednesday that it
would pay MED Shipping and Trading Ltd, a consortium of western
and Kazakh businessmen, 1.5 million of its own shares to
purchase a 70 percent stake in a 4.7 million acre offshore oil
license in Kazahkstan.
The shares must be held in trust and may not be sold until
the American stock price reaches $5.00, the company said.

Copyright 1997, Reuters News Service
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