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Gold/Mining/Energy : American International Petroleum Corp

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To: Terry Jackson who wrote (5766)	12/11/1997 6:10:00 PM
From: Ken Wesley	Read Replies (1) of 11888

The news release states: "Two vibroseis crews will allow for rapid acquisition of data and will accelerate the detailing of the structural leads developed by our evaluation teams," said the Company Chairman and CEO, Dr.George Faris. There may be an urgency to complete the tests on these sites rather than wait for results on the other sites. Everything seems to be speeding up. As Taxikid said "good news the ball is rolling?" Results from these tests may determine the direction the negotiations take, or may determine where they drill in 2nd quarter. Notice that one of the companies is from Kazakstan which will make the Kazakstan officials happy. Don't you think this added competition will cause WaveTech to work a little harder to complete their evaluation. Dr. Faris wants results--the sooner the better. (and so do we) This appears to be good news. What do the rest of you think. Ken W

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