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Gold/Mining/Energy : ARAKIS: HIGH RISK OIL PLAY (AKSEF)
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To: Edward M. Zettlemoyer who wrote (7570)1/4/1998 3:27:00 PM
From: LARRY LARSON  Read Replies (1) of 9164
 
HI KIDS-

HERE WE GO?? FROM AOL:

Subject: Re: A QUICK DOUBLE....
Date: Sun, Jan 4, 1998 11:09 EST
From: SNARLEY DI
Message-id:

1-BIG NEW OIL DISCOVERY, IMA 9- 10,000 TO 16,000 BBLS A DAY. ALSO UNDER HIGH PRESURE. AND WILL ADD BIG NUMBERS TO BOOKABLE RESERVES. 2-THEY HAVE SIGNED JV DEAL WITH MAJOR US OIL COMPANY. BIG CASH INFUSION. 3-THEY HAVE SOLD OIL PLATFORM AND LEASED IT BACK FOR 40 MILLION TO COVER SHORT TERM CASH FLOW PROBLEMS, NO STOCK DELUSION.
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