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: qdog who wrote (5844)	12/14/1997 1:22:00 PM
From: arnold silver	Respond to of 11888

Qdog Can u explain the difference between 2-d and 3-d as far as results and reliability Thanx Arnie

To: qdog who wrote (5844)	12/14/1997 10:42:00 PM
From: Juan Dominguez	Read Replies (3) \| Respond to of 11888

Two observations from the last AIPN news release beg explanation. 1)I noticed they mentioned the two new Vibroseis crews have begun to work in the area shooting 2D siesmic. The company mentioned they will complete their work in January( lets say Jan 31st for argument sake). Is that possible in just 6 weeks? Seems like ultra rapid data collection? 2) For the last 6 months, AIPN has always stated that the Chikuduk structure is 50 KM long. In the latest news release it is now 60 KM long. Could this change be the result of Wavetech's analysis and finding the structure is bigger than originally thought? About a week ago, I spoke to a friend that works in Texaco's seismics center. He mentioned to me that Texaco has a large 5Foot X 7 foot map of Kazakhstan and all its "awarded" concessions. He told me that he has always been very impressed with the size of the Chikuduk structure, which he said is roughly 2 1/2 times the size of the Tengiz field. He mentioned to me that there are never any gurantees as to whether their is oil or natural gas or both, but he said "more times than not, the size of the structure correlates positively with the amount of liquids finds in the field". From his experience, he has noticed the "seismic size of structure" is a good indicator of oil amounts IF THERE IS TRUELY OIL. In other words, if the Chikuduk structure is roughly 2 1/2 times the size of the entire Tengiz field, then there is a "better than fair" probabilty that IF INDEED IT CONTAINS OIL, the oil reserves could be twise the potential reserves in Tengiz. Even though I am not an oil industry expert, I found this notion too simple, but very plausible. Qdog, can you give your opinion on this? Is seismic size of structure on good indicator when compared to a producing field such as Tengiz? Thank you in advance Regards Juan