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Gold/Mining/Energy : ARAKIS: HIGH RISK OIL PLAY (AKSEF)
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To: Larry Brubaker who wrote (7600)1/11/1998 11:50:00 AM
From: J. M. Burr  Read Replies (2) of 9164
 
LB: I am almost positive that when Arakis bought out Khan's Sudan operation in 1993 Khan and his three buddies divided an amount of stock so that each held a percentage that did not require them to report their sales of AKSEF. Whether this changed over time I am not sure, but it is my understanding that the major reason Khan initially included his Pakistani friends on an equal basis was to avoid such disclosures. Tumbleweed.
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