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

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To: Zeev Hed who wrote (7240)11/5/1997 8:25:00 PM
From: g.w. barnard  Read Replies (2) of 9164
 
zeev,
khan to step down as ceo i suspect people will interpit this as a positive.
gw

Topic: Arakis Enery Corp
Quote.com News Item #4458453
Headline: Khan to step down as Arakis (NASDAQ:AKSEF) president, CEO

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CALGARY, Nov 5 (Reuters) - Arakis Energy Corp said on
Wednesday that Lutfur Khan planned to resign as the company's
president and chief executive but remain chairman of its board.
Arakis, which is part of an international consortium
developing a 12.2-million-acre oil concession in southern
Sudan, said it formed a committee to search for a candidate to
fill the position.
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