ARAKIS: HIGH RISK OIL PLAY (AKSEF) Message Board

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Gold/Mining/Energy : ARAKIS: HIGH RISK OIL PLAY (AKSEF)

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To: Juli who wrote (7800)	2/18/1998 11:49:00 AM
From: Zeev Hed	Read Replies (1) of 9164

It is tough to say, I think that ABACF has better long term potential because its cash requirements are lower than those of Arakis, yet I have no clear picture of the reserves each one of them is sitting on. ABACF is much closer to positive cash flow, however, and that is why I give it a slightly higher long term (like a year) rating. Zeev

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