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

To: anyer who wrote (5640)	12/8/1997 10:55:00 AM
From: qdog	Read Replies (1) \| Respond to of 11888

Anyer, you have to be careful about throwing numbers around like that.. Once you make a discovery, your sucess rate goes up as you drill wells to delineate the field. Absolutely true that new technologies such as 3-D has improved the rate of success. If you look at overall drilling when talking wildcat those rates are 1-3. At the present AIPN isn't doing 3-D. It's an expensive study, far more than 2-D. It just not a matter of processing exisiting data. It is depended on how you set the grid of sensors in acquiring your siesmic. That's part of the increased expense. The other is the actual computational time. AIPN has a slight advantage on this lease in the fact that drilling has occurred; however, to date only one well out of 17 is "reported" to encounter hydrocarbons. 17 wells on a block this big is insignificant. They could go back to the area of encounter hydrocarbons and drill 5 in a row successful, then go elsewhere on indentified structures and drill a duster or insignificant show. In the oil biz there isn't absolute guarantee.

To: anyer who wrote (5640)	12/8/1997 1:22:00 PM
From: Sycamore	Respond to of 11888

Anyer, Hope this helps brightens your day!!! Subject: Re:More chat Date: Mon, Dec 8, 1997 11:45 EST From: KEVHOME Message-id: <19971208164501.LAA10745@ladder02.news.aol.com> Marty721: Just got off the phone with Sharon at Mill says thing are going well JD53966: Hope i'm wrong!!!!!!!!! Marty721: Still thinks something big will be out b/4 Xams Marty721: says that she (Mill) has changed their projection of the stock price Marty721: from $10 to $50 Malscu: what? Rasbo128: who said that Marty? JD53966: What? KEVHOME: before Xmas=WEEK OF 15TH? I keep trying Bos rick: WHAT? Marty721: likewise KEV JD53966: lol KEV Marty721: Sharon at Mill. KEVHOME: $50 that's it LOL Stlnet: hold on olnly sharon - WSJ does'nt cover her coments ..:-) Rasbo128: So....the price now $423/32 Bos rick: I''ll take news of a upgrade to $50 Rasbo128: strange Rasbo128: BUYYYYYY Rasbo128: It should fly then Rasbo128: It is not..!!! Subject: chat room #2 Date: Mon, Dec 8, 1997 11:12 EST From: UNC 1984 Message-id: <19971208161200.LAA10026@ladder01.news.aol.com> aipn#2 at 11:10 am e.s.t. LMPITTS: csmmr IM me that Mil had some sort of conf call dont know who with ,,anyone know in here MJames1221: today or Fri? LMPITTS: i believe this morning/...like the pressure is on them to release wavetech results OnlineHost: Lzeker has entered the room. LMPITTS: whats rt right now ErwinR9241: Sharon at MILL, told me its conf with George Faris and Spiro Almari of Med Shipping Thuratin: 4 5/8 x 4 11/16 ErwinR9241: GF is dictating a news release over the phone LMPITTS: right now??? RCroiss: where did you hear that Erwin? ErwinR9241: She says she doesn't know what it is but its posisitive because she heard Garys scream YES!! Thuratin: Tom: r u on the line with Mill right now? ErwinR9241: YESS!! YES!!! GREAT !!! GF!!! RCroiss: are you SURE Erwin ? LMPITTS: well i have seen it many times before just before news hits they run the stock down to buy more MJames1221: they sure do LM ErwinR9241: Got of the phone with mill 15 min ago LMPITTS: YEAHHHHHH gary is happy then im happy!!! OnlineHost: Jimgooch13 has entered the room. SU7272: ARGT on the bid with 10000 SU7272: NAWE 4800 SU7272: and MASH 2000 LMPITTS: well maybe GF has given go ahead to release some news ErwinR9241: ARGENT IS a buyer!!! HOOORAY!!! MJames1221: sure sounds that way Feminator2: Erwin, what is your read on those events? LMPITTS: well is argt is buying news is coming and its good OnlineHost: JMcgee1006 has entered the room. ErwinR9241: FEM, I think their is something postive happening, but don't know what is it LMPITTS: erwin did you talk to gary or just sharon ErwinR9241: sharao, GARYS is in the conf call LMPITTS: i think news is coming in the next hour to hour and half maybe sooner ErwinR9241: he is not taking calls LMPITTS: whose in the conf call ..gf ..gary ...msup? OnlineHost: NLee235407 has entered the room. ErwinR9241: Sharon said that it sounded like Garys was having sex in his office LMPITTS: well then maybe they just have signed deal and so they can release wavetech results ErwinR9241: he sounded really happy LMPITTS: hhahahhhhahah OnlineHost: RUDY BAKER has entered the room. LMPITTS: gheeeishsh and faris must be sleeping LMPITTS: if i go offline to call ill lose my place in here ErwinR9241: BID jus went up to 4 11/16 but ARGENT stayed at 4 5/8 with its 10,000 share buy order LMPITTS: su call faris SU7272: ok