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Gold/Mining/Energy : American International Petroleum Corp -- Ignore unavailable to you. Want to Upgrade?


To: Winston Kim who wrote (4591)11/3/1997 5:12:00 PM
From: Winston Kim  Respond to of 11888
 
The following news release in September 1997 implys that some activity has begun for the company this month...so it looks like some news should be avaliable in the near future...

American International Petroleum Corp. retains Wavetech
Geophysical for Processing and Interpretation of Seismic Data on its
Kazakstan Block

NEW YORK--(BUSINESS WIRE)--Sept. 22, 1997--

Company to Begin Seismic Program Acquisition in November
Development of the License database has begun and the initial seismic lines are being reprocessed for orientation of
the seismic program and selection of possible drilling sites. The company will mobilize a survey crew in October to
begin work to lay out the initial 1250 kilometer seismic program, which is expected to begin by November 1997.
Preliminary discussions have been held with potential drilling contractors and work on the first well is now scheduled
to begin late first quarter or early second quarter of 1998 depending on rig availability.