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Gold/Mining/Energy : American International Petroleum Corp

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To: qdog who wrote (5689)12/9/1997 9:13:00 PM
From: Laserbones   of 11888
 
You're right. Many people hear the word gas and immediately think: Natural Gas. If it is hydrogen sulfide this would be one horrendously odiferous place instead of just plain smelly. I'll stay away thank you very much.

This whole blowout scenerio bothers me. The Soviets had two blowouts with positive results for oil/natgas and decided to just plug and leave. It sounds as if there wasn't any attempt to get a handle on the producing area of the the two fields. The argument that they left for the Aktubinsk field is suspect. Why go somewhere else for oil when you're sitting on it?

Are we also to believe that the Soviets could not handle the two areas simultaneously? You know that bridge you're always trying to sell? I got one sitting right next to it. Maybe we can make a JV and sell both to the right mark real cheap.

But I still think the odds of aipn/? finding oil somewhere are decent enough to maintain a long position.

Greg
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