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Gold/Mining/Energy : American International Petroleum Corp
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To: Laserbones who wrote (5672)12/9/1997 7:34:00 AM
From: qdog  Read Replies (1) of 11888
 
I'm aware of one blowout. Yes their is test of the oil which was fairly sweet.
No indication as to how much. I was also led to believe it was a oil and gas blowout. The question I raised early and never answered directly, was it H2S.

If this lease had more definitive data, would it had been let go so cheap by the government? I'd venture that of the 17 drilled by the Russians, probably most were initially no or non producibly quanities. Which in of itself, means nothing. Oxy Cano Limon took 17 wells before oil was found back in the 80's. It produces 280,000 bopd and open of the Llanos to other discoveries since.

Some of this talk, rumour hype is nervous traders holding large positions. They are teetering on they seats watching other stock moving. They made $10000 or $20000 investment thinking they should have $500,000 by now.
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