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: cite who wrote (5841)	12/14/1997 12:13:00 PM
From: qdog	Respond to of 11888

1. I posted Wavetechs URL, visit it. They aren't just a siesmic company, but a more integrated job shopping exploration company. For AIPN they offer a one stop unit to run the exploration/drilling program. WHat they are doing will be intereptation of the siesmic that is acquired. Sitting down with AIPN geologist and selecting the best prospect to drill and then draw up the drilling program. Actually Wavetech is an interesting company. Wonder if they are traded?? Anyone know. No, the two crews are going to layout the lines and shot the siesmic. They will only evaluate to make sure that it is good as far as the quality of the data, not the intereptation of that data. 2. It's small potatoes and offers some cash flow. AIPN tried to sell it before back in '92. Frankly it is puny compared to some of the BIG chemical plants in Lake Charles. It also takes moeny to buy the crude to process. However it is an asset that they can use for collateral. In the grand scheme of things, minor. Some sound like this is the only plant in the south that produces asphat. Prestigous Asphat Institue...I have to laugh.