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Gold/Mining/Energy : Basic Petroleum BPILF Guatamalan Pipeline

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To: Bobby Yellin who wrote (28)10/20/1997 8:46:00 PM
From: wayne jurassic waters   of 30
 
Hello Bobby Yellen: Yes you are right Bobby I have a few shares, I would like to buy more, but the finances are a little tight at this time.The Government of Guatemala appears to be fairly stable at this time. The people are fed up with all the fighting that took place over the last 37 years. On my last trip to Guatemala I found the people and even the Ministry of Hydrocarbons very keen on having foreign investment. I feel somewhat more confident on the country now that Norcen bought out Basic Petroleum. Also the President of Rankin Resources recently married a very beautiful Guatemalian woman. I understand the family has some ties to important people....As for the love affair with the drill logs....Numerous oil shows were detected as you went down the hole, I mean numerous. the plan is to re-enter the old wells(they have been found) and drill approximately 1500' laterals ....may get lucky... The best W.W.
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