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Gold/Mining/Energy : ARAKIS: HIGH RISK OIL PLAY (AKSEF) -- Ignore unavailable to you. Want to Upgrade?


To: Reno Frazzitta who wrote (7446)12/17/1997 3:50:00 AM
From: Edward M. Zettlemoyer  Respond to of 9164
 
Reno, Arakis owns (and holds at their Calgary headquarters) the Chevron seismic logs from the 1980's exploration efforts. It would cost close to a billion dollars and take 10 years of seismic mapping to replace this data. I think it would be a little more economical to keep Arakis arould and would serve the exploration timetable well. Ed