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Gold/Mining/Energy : American International Petroleum Corp

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To: T-Lo Greens who wrote (4289)10/29/1997 7:05:00 AM
From: NoMoney   of 11888
 
FYI !! Info related to region.

(Full text of press release from Canada NewsWire)
AMOCO CANADA ANNOUNCES NEW CHAIRMAN AND PRESIDENT
CALGARY, October 28 /CNW/ - Amoco Canada Petroleum Company Ltd. announced
today that R. Gregory Rich has been appointed as the company's Chairman and
President. Bob Erickson, current Chairman and President, will be relocating
to Baku, Azerbaijan, where he will hold the position of Chief Operating
Officer with Azerbaijan International Operating Company (AIOC), a 12-company
consortium led by Amoco Corporation and British Petroleum.
Mr. Rich has been with Amoco Corporation for 25 years and currently holds
the position of Vice President - Crude Oil Export for Azerbaijan International
Operating Company. He has held other international positions such as General
Manager for Amoco Gabon Exploration Company and Manager - Projects and
Engineering for Amoco Trinidad Oil Company. Mr. Rich was also Vice President
- Business Development for Amoco Production Company.
Educated at the University of California, Mr. Rich has a Bachelor of
Science in Electronic Engineering, as well as an MBA. His
appointment as Chairman and President becomes effective
January 1, 1998.
In his new role, Mr. Erickson will assume direct
operational management of AIOC as they move into the next
phase of full field development. The AIOC consortium is
involved in one of the world's largest oil projects - the
development of three major fields in the Azeri sector of the
Caspian Sea, which together are estimated to have four billion
barrels of recoverable reserves. Mr. Erickson and his wife
Heather will be moving to Baku early in the new year.
Amoco Canada Petroleum Company Ltd. is a Calgary-based
energy company, involved in the exploration, production and
marketing of natural gas, conventional and heavy oil, natural
gas liquids and petrochemicals. It is part of Amoco
Corporation, a global producer of oil, natural gas, refined
products and chemicals, with annual revenues of more than
US$36 billion.
/For further information: Gay Robinson, Public and
Government Affairs, Amoco Canada Petroleum Company Ltd., (403)
233-1644/
REUTERS
Rtr 14:12 10-28-97

Copyright 1997, Reuters News Service

Peace, NoMoney
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