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Gold/Mining/Energy : American International Petroleum Corp

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To: GREATMOOD who wrote (5097)	11/17/1997 5:27:00 PM
From: NoMoney	Read Replies (1) of 11888

GREATMOOD, That sure sounds very much like our baby!! The offshore Caspian oil deal expected to be signed is that which has been negotiated by the North Caspian Project Team, a group comprising Total <TOTF.PA>, Royal Dutch/Shell Group <RD.AS><SHEL.L>, an alliance between British Petroleum <BP.L> and Statoil <STAT.CN>, British Gas <BG.L>, Agip <AGIS.N> and Mobil Corp <MOB.N>. The group already has spent $300 million seismically testing the area and preparing for drilling next year. The potential recoverable reserves are not yet known but Kazakh officials have compared them with the giant onshore Tengiz project, with potential reserves of nine billion barrels and upward Only there is no mention of AIPC in the list. But we can assume (I know ass- u- me) that the major in the deal would be listed instead. Sure would be nice if we are closer. I don't know about you but it sure would put me in a GREAT MOOD. Peace, NoMoney

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