Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Laserbones who wrote (5672)	12/9/1997 1:02:00 AM
From: JOHN HEFNER	Respond to of 11888

I remember reading some post months ago in which they were discussing one well in Bengash that was supposedly leaking "41 gravity" oil.

To: Laserbones who wrote (5672)	12/9/1997 7:34:00 AM
From: qdog	Read Replies (1) \| Respond to of 11888

I'm aware of one blowout. Yes their is test of the oil which was fairly sweet. No indication as to how much. I was also led to believe it was a oil and gas blowout. The question I raised early and never answered directly, was it H2S. If this lease had more definitive data, would it had been let go so cheap by the government? I'd venture that of the 17 drilled by the Russians, probably most were initially no or non producibly quanities. Which in of itself, means nothing. Oxy Cano Limon took 17 wells before oil was found back in the 80's. It produces 280,000 bopd and open of the Llanos to other discoveries since. Some of this talk, rumour hype is nervous traders holding large positions. They are teetering on they seats watching other stock moving. They made $10000 or $20000 investment thinking they should have $500,000 by now.