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


To: MARIO PASQUA who wrote (6766)1/19/1998 6:51:00 PM
From: taxikid  Read Replies (1) | Respond to of 11888
 
you knowingly and unlawfully copied an unlawfully copied copyrighted columnist's work..
that makes you a thief , a scoundrel and a sc^mb^g..saying you got it from aol and making it right, well..
good luck..
an excerpt is one thing.. verbatim is another..
but you always were ridiculous anyway.
as far as the short comments.. last time you called me/told me to short the stock fell 20%..uh-oh..
taxi~stay at aol. w/ your buddies.. hey which one of these guys is you and which is faris?
pw1.netcom.com



To: MARIO PASQUA who wrote (6766)1/20/1998 9:00:00 AM
From: Sycamore  Respond to of 11888
 
EHKMSMBA - PART I

Mario, He doesn't claim to be an oil expert, but he seems to know what his talking about. regards, sycamore

Subj: Re: Baku, etc. continued
Date: 7/22/97 1:01:46 AM
From: EHKMSMBA

According to Max W. Ball, Douglas Ball and Danie; S. Turner in their "This Fascinating Oil Business" The Bobbs-Merrill Company, Inc., Publishers in Indianapolis, Kansas City and New York, Copyright 1995, one would think that such fields as Bibi-Eibat, Balakhany, and Sarakhany, not to mention myriads of smalle fields, would exhaust the oil & gas possibility of the Aspheron Peninsula which juts into the western portion of the Caspian Sea.

OK so much for the production history on the western edge of the Caspian Sea up until 1965. Just east of the Baku field, in the Caspian Sea is a field operated by France's Elf Aquitaine. It is in the Azerbaijan sector of the Caspian Sea, and has potential reserves of around 375 million barrels.

Now, let us look 125 miles to the northwest of AIPN's 4.7 million acre working interest holdings. They are 125 miles southeast of the largest discoveries in the region, the massive Tengiz field, which is operated by Chevron, a joint venture between LUKoil and ARCO, Mobil Corp. and the Republic of Kazakstan. That field has some 6 billion barrels of reserves

Now what is common in the beds of ancient seas? Coral reefs. They can have grown up to over a 1,000 feet in jeight. They are even to be found today. Coral reefs and the islands they form in the South Pacific became public knowledge shortly after World War II, about the time petroleum, geologists began to recognize them as important petroleum reservoirs. Such reefs or bioherms are formed by several small animal types that live in shallow sea water under the right temperature, current, salinity, chemical content and food conditions. Each builds his own tiny limestone residence on those of his ancestors below. He lives in it and dies in it and when he dies - leaving a porespace (geologically speaking - porosity of an oil and gas well). Thus, reefs grow hundreds of feet tall where the sea floor is sinking about as fast as the little animals can build their homes.
Generally, the porosity left by the hosts is reduced considerably by washed-in silt and the remains of other sea creatures that used the reef for hunting and concealment. However, many limestone and dolomite-trap petroleum fields, including Redwater and Leduc in Alberta, Canada, the Scurry Reef in West Texas and the Niagaran Reef oil and gas structures circling the lower peninsula of the state of Michigan produce their sweet crude from such gigantic reservoir structiures which are in actuality nothing more than "capped" ancient coral reefs.

The "capped" structure is a very unpermeable rock overlying the reef, and can be detected by seismographic tests, which indicate the unpermeable volumes from the highly permeable - highly porous reef volumes - very easily.

A reef structure at its approximate top once its' cap rock is penetrated, (it can take many hours and several diamond drills to penetrate a foot or two of the cap rock), will be a blowout well, blowing out gas and condensate, even some 15 years after the field was first put into production. The 50 kilometer long Chidkuk structure blew out when it was drilled unwittingly? near the top of its structure.

And this was in a virgin field, not a field produced for 15 years. IMHO, whoever was on the drilling rig was lucky he, his associates, the casing, the drilling rig and the drilling platform didn't blow sky high. They were lucky to seal this well and come away with their limbs and lifes intact. To try to test the well after hydraulic cement was injected into the well to seal the porosity is a futile exercise. I've seen it tried. How can one test
something behing a cement wall????

Do you get my point?

If not don't bother to read my next post which is a continuation of my 7/22/97 post.

I am taking a break for dinner now. Will continue later.

Hope the above clarifies some of the concerned thoughts about the AIPN concession in Kazakstan,