SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : American International Petroleum Corp -- Ignore unavailable to you. Want to Upgrade?


To: Ken Wesley who wrote (5429)11/28/1997 9:52:00 AM
From: Ken Wesley  Respond to of 11888
 
Now that Dr. Faris has decided to go on the road to meet with analysts, shareholders etc., I hope he uses the news services to the fullest extent.

This morning Chaparral Resources (char) went on the Business Wire
(http://www.businesswire.com) to promote its company. Wayne H. Huizenga is one of their largest stockholders and a master at developing public relations. I don,t own any stock in this company so am not hyping it. However it too has concessions in Kazakstan and is working with Kazakstan oil companies.

It seems like this would be one thing aipn could do to get more exposure among the public.

Ken W




To: Ken Wesley who wrote (5429)11/28/1997 10:01:00 AM
From: Terry Jackson  Read Replies (2) | Respond to of 11888
 
AIPN's concession of 1.47 mm acres = 2296 sq mi
Delaware has 1982 sq mi

BTW you are off on the size of Kaz -- by a factor of 10! It has only
1,048,000 sq mi. It is less than one third the size of the good old US of A.
You prove once again that the average American is woefully deficient in geography(g)



To: Ken Wesley who wrote (5429)12/6/1997 8:14:00 PM
From: Ken Wesley  Read Replies (1) | Respond to of 11888
 
I have been reading messages pertaining to a possible buyout of aipn or at least jv partnering. It seems to me that several factions must be in agreement before this can happen. Aipn owns 70% of the company who has the licence for the concession. The other 30% is owned by a few Kazak companies. I assume all companies involved would have to be in agreement, before any agreement can be finalized. I think there is a possiblity that aipn may partner or sell more than one part of the concession to different oil companies. If this were the case, this could be an even bigger picture than it first appeared to be.

Also, I am reminded of the article in the Russia Today newspaper indicating that Kazakstan has oil reserves second only to Saudi Arabia. Quote from Russia Today Newspaper article of November 28, 1997:"Nazarbayev told a news conference that recent research showed his country had oil reserves second only to Saudi Arabia and was looking for fresh export routes apart from a Caspian pipeline and a deal with China to build a pipeline there." The information mentioned above can be found at:
russiatoday.com

On an earlier date, it seems to me they were rated fifth. Has some of the siesmic information coming from the concessions indicated that there are more and more oil reserves? Could some of this information
be from the aipn concession?

The following partial message (Part 2 of a 5-part message) posted on AOL could shed some light on the fact that Kasakstan is now rated no. 2 in oil reserves as stated in a previous paragraph by the Kazakstan president.

Subject: Re: Weekly review
Date: Fri, Dec 5, 1997 18:43 EST
From: KEVHOME
Message-id: <19971205234300.SAA02585@ladder02.news.aol.com>

2. What's next. With my strong sense that we will have something to push the stock above $10 before the end of the year I've been mulling what is next. I think we would hear by Dec 19 or it'll be in January with the 2 holiday weeks less likely for news. I still bet on week of the 15th. What will it be?
The recent information seems to suggest the Wave Tech results(at least that) will be the next thing released. With AIPN presumably not having any exclusive rights contracts to adhere to it would seem when Wave Tech is done they would be free to announce the results. The posted earlier stated MILL said Wave Tech is back in US and doing the analyzing now. Along with this is one good source indicating Wave Tech was surprised how much oil was there and other info suggesting Wave Tech is very close. Similar to the info that was being rceived the end of Oct and beginning of November that the PA was close to done. It seems Wave Tech is close to done. Hearing the MASS of Chikuduk is 2-3 times the size of Tenzig and there may be other large
possible field within the concession the results should be quite promising. Anywhere from 4 billion to 12 billion brrls would be a good estimate. Whether a major jumps in soon with those results known is likely also. Maybe not for LARGE sum but then again maybe it will be. More on what that would do to stock price later. I think a JV is still close or done. Rcohen expressed how majors were clamoring for a piece of Kaz and their report stated it was iminent within 3-6 months. We shall see where it all lands and when soon enough. EOM

As time goes on, a lot of our questions will, of course be answered. In a time of instant gratificaztion, this baby if trying our patience. In my opinion, many of the different senarios are being played out behind the scenes. December and January could very well provide us with many of the answers we have been waiting for. When the time is right, Dr. Faris will let us know along with the rest of the world.

btw I underlined some of the words above to emphasize my point.

Ken W