American International Petroleum Corp Message Board

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Gold/Mining/Energy : American International Petroleum Corp

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To: Laserbones who wrote (4005)	10/24/1997 3:20:00 PM
From: Tom R. Clarksburg	Read Replies (2) of 11888

You said: Why would a major just hand over huge sums of cash before the science has been confirmed by some exploratory drilling? A major could say I'll give you the dough, but lets see what you really have first. The term "potential" just doesn't cut it. One problem with your logic. If they wait until exploratory drilling and more accurate proven oil amounts are calculated, the price of partnering skyrockets. The major can get in more cheaply now, if they are confident in the findings of an unbiased third party surveyor such as Wavetech who has 20+ years of experience analyzing Soviet data. Its always a risky game for major oil drillers, but the thought of could of, would of, should of--- may haunt them if the finds are indeed massive. Regards

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