ARAKIS: HIGH RISK OIL PLAY (AKSEF) Message Board

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

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To: J. M. Burr who wrote (7311)	11/17/1997 2:24:00 AM
From: Douglas V. Fant	Read Replies (1) of 9164

Tumbleweed, Yes to the best of my knowledge there are no contacts, communication between the SPLA and Arakis. Yet the recent action of Arakis of placing Khan aside appears to have been meant as the first subtle step by Arakis to signal to the SPLA that they want to mend fences... Also as to the Malaysian connection it has been known for some time that China was bartering "arms for oil" to the NIF Government when they weren't busy selling nuclear technology to Pakistan and Iran, underwriting guerilla movements in NE India, or trying to influence US politics favorably by behind the door payments to the DNC. Yet I believe that lots of the arms shipments just rolled openly into Port Sudan on Iraqi ships. So in a sense Indonesia and Malaysia did not really do anything new if they hid additional weapons shipments in Petronas materials. And also to the best of my knowledge China"pulled the plug" on the NIF when Gen. Omar Bashir went to Peking about a year ago and asked for more weaponry on credit and China said no (Just after they had also just been caught red-handed shipping two thousand AK-47's into the the Port of San Francisco- remember that fiasco?). The Chinese must have thought that they had milked the Sudanese situation for all of the short-term dollars that they could, although as you know they have a grand scheme to expand their energy investments outside of China (fear of an energy shortage in the early 21st century), so they still have some interest in the Sudan. But you raised a very important point about Arakis from an investment perspective. They never need to produce one barrel of oil from the Sudan in order to make money off of the Unity Field. They can either sell their interest in the Field (assuming its valid), or alternatively raise a claim if dispossessed before the International Court of Justice in den Haag... Either way there is value for Arakis there.... So in all honesty not a bad bottom fish.... Sincerely, Doug F

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