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Gold/Mining/Energy : American International Petroleum Corp
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To: David Blocher who wrote (3246)10/8/1997 12:08:00 AM
From: faris bouhafa   of 11888
 
Here's an interesting message that was just posted on AOL:

Subj: Refinery.....
Date: 97-10-07 23:50:25 EDT
From: DCBTexas

I am posting this via old laptop from hotel room outside of New Orleans. Drove from Houston to New Orleans area and stopped along the way in Lake Charles to see the AIPN refinery. I have been in many carbon related plants and I expected to see a grimey, black, nasty asphalt plant. I was surprised to see a small but clean plant. A roadway was being readied for paving to a brand new truck weight station (out-going TL of asphalt by weight), the refining towers were shiney and apparently re-worked to meet the new Federal standards. There were about 20 tank storage units for receipt of the soon-to-be Venezuelean (sp) heavy crude to arrive at their riverside dock which links to the inter-coastal canal (barge). There were an additional six new oil storage tanks (maybe for finished product) that I could see as well. There was a good sized administration building and a building that appeared to be undergoing remodeling in the processing/production area. Overall, my impression is favorable. My understanding is that Gold Line (the group who leased the operation from AIPN two years ago) ran the plant into the ground with little maintainance, etc. All outward signs show AIPN has their act together at this location and I predict plant start-up will take place in a matter of a few days or weeks.
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