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Gold/Mining/Energy : American International Petroleum Corp

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To: Razorbak who wrote (341)7/15/1997 1:22:00 PM
From: MulhollandDrive   of 11888
 
Raz, according to the July 10 release "Regional seismic on the eastern half of the License Area indicates additional structures, the larges of which measures about 50 Km in length. The Kazakstan Government drilled one well in this structure to the top of the feature, which blew out with gas and condensate such that no additional was possible from the well." How would you intrepret that information? Also, what is your feeling about the oil surveyor Huddleston? Are you familiar with them? I'd like to hear your take on the Kazakstani's granting license to a small player like AIPN. Since they have a partner in MED Shipping which has a component of Kazakh business people, do you think they(the Kazakstani gov) were looking for more control over the field than they had previously negotiated with the majors? thanks, bp
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