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: MARIO PASQUA who wrote (6777)	1/20/1998 12:15:00 AM
From: taxikid	Respond to of 11888

unfortunately for you.. to "lower yourself to my level" would require you to exponentially upgrade your modus operandi.. not to mention your cerebral capacity.. cheers ,then.. hope you enjoyed the photos.. taxi

To: MARIO PASQUA who wrote (6777)	1/20/1998 9:03:00 AM
From: Sycamore	Respond to of 11888

EHKMSMBA - PART II Subject: Re: Prediction Date: Mon, Jan 19, 1998 20:07 EST From: EHKMSMBA Message-id: <19980120010701.UAA06473@ladder02.news.aol.com> PART II of Re: Baku, etc. continued Ok so now we have established that sweet crude came out of the blowout well from the top (or thereabouts) of the huge Chidkuk structure. And that it blew. Such blow outs in highly permeable structures cause the necessity of cementing the drilled structure shut to prvent a catastrophic release of all of the compressed oil and gas out of the structure. When that is done (the cementing in of the structure), it is impossible to determine the potential productive capability of the the well, leave alone the structure. And that structure (the Chidkuk) is 50 kilometers long. If it is over several hundred feet tall and a mile wide, that is an immense potential oil and gas field. I would estimate that a field this size could very well easily contain more than 1.2 billion barrels of recoverable oil that the know and tested structures have been stated to contain. If the Chidkuk structure proves to be a cousin of the vugular reef structure of the Golden Triangle in Mexico, as well as those found in Saudi Arabia, Kuwait and the environs it may be well be a challenging rival of the Tengiz field some 125 miles away with its some 6 billion barrels of reserves Now lets talk about seismic testing. Geophones are used to pick up the echoes from explosions set off just underneath the surface of where abrupt changes in rock formations to be seismographed thousands of feet below make their reflections. In other words, when charges are detonated, the resulting shock waves travel downward, hit abrupt changes in subsuface rock formations, and bounce back to the surface, where the echoes are picked up by geophones and the impulses are fed into the seismograph, which produces a seismogram. One of the newest techniques for determining the configuration and extent of subsurface rocks formations is called the seismic cube or data cube. Essentially, the seismic cube is a three-dimensional representation of subsurface formations made with the aid of a computer. Numerous two dimensional seismic profiles showing height and width are made. Using these, the computer can be programmed to project the third dimension. The geologist and reservoir engineer can then see the shape and size of the subsurface strata. By comparing seismic data from known oil and gas fields, as well as those whose structures ended up with nothing more than dry holes, with that of potential fields, a very good if not excellent guess if not outright statements can be made whether or not outright statements can be made whether or not the potential field will be in the money or not. Without sinking one well. Even to how much the field will contain in recoverable reserves (potential reserves if you will).. OK, so based on the blowout well on the 50 kilomete long structure, we can most likely guess that the Chidkuk structure will in all probability by itelf may very well contain more than 2 billion barrels of all oil by itself, which when combined with that of the combined total of the other 7 structures that have been already tested could give us a grand total of over 3.1 billion barrels of recoverable oil. And 8 other structures will still have to be tested. (The remaining portions of the original post are not pertinent to the present concerns and are therefore not included here). However: On November 4, 1997 AIPN announced the appointment of George Pavloff, Geophysicist, as Exploration Manager for Kazakstan and the other CIS countries. Pavloff is a graduate of the University of California, Santa Barbara, with a B.A. degree in Geology. He has 23 years experience in the oil, industry, both domestic and international with a specialty in CIS countries. He has worked for Phillips Petroleum for 12 years and has acted as Geophysical Consultant on CIS projects for Oryx, Kerr-McGee, Western Geophysical, Bechtel and the World Bzank. He is fluent in Russian. As of November 4, 1997 he was finishing an assignment as a consultant to a major oil company and was to ssume his AIPC responsibilities by December 1, 1997. Seismic testing of the Chidkuk structure with it blowout wells, that had to be cemented in and their drilling rigs moved to the just discovered 6 billion barrel Tengiz field by the Soviets, just prior to the dissolution of the U.S.S.R, is scheduled to be completed this month (January, 1998). Good luck to AIPN and all of its stockholders (concerned and otherwise). Sincerely EHKMSMBA

To: MARIO PASQUA who wrote (6777)	1/20/1998 9:05:00 AM
From: Sycamore	Respond to of 11888

EHKMSMBA - PART III Subject: Re: Prediction Date: Tue, Jan 20, 1998 07:43 EST From: EHKMSMBA Message-id: <19980120124301.HAA07098@ladder01.news.aol.com> LMPITTS: Your request follows below: -------------------------------------------------------------------------- Subj: Re: UNANSWERED QUESTIONS Date: 7/22/97 12:02:55 AM From: EHKMSMBA Bouhafa ---- Before I answer your question how I arrived at a > $100.00 per share valuation for AIPN's stock, let us start with some basics. Then all readers of this post can make some sound judgments as to whether or not the valuation has merit or not. To begin with the AIPN working interest tract is in the western end of Kazahstan's Caspian Sea territory. Sixteen structures have been found so far. Seven have been tested by seismographic means. Reuter's post on Company News stated that reserves at the AIPN license in its Caspian Sea in western Kazahk section could be in excess of 1.0 billion barrels of recoverable reserves. Not potential - recoverable - there is a big difference between the two. Recoverable reserves are $$ in the pocket to be obtained by drilling, producing, and marketing. Potential reserves can be a pipe dream at worst, recoverable reserves at best. There is a big difference. Getting back to the Caspian Sea. There is a long history of oil found on the western shore of the Caspian Sea. The most famous is the "eternal fire" near Baku. The religion of the Fire Worshippers was already ancient when Zoroaster reformed and reconstituted it somewhere between 1000 and 600 B.C. It was the religion of Persia (now called Iran), in her days of glory and it has left a deep impression on Judaism, Christianity, and Mohammedanism. The Magi, a.k.a. The Tree Kings or Three Wisemen, were Zoroastrian priests and astrologers. One of the three Magi was from the environs of present day India. The feast of Ephinany is celebrated by All Eastern Christians whose locale incidentally is in the proximity of Baku, as their version of our "Christmas" on January 6 or each year commemorating the Magi giving of frankenscence, myrrh and gold to the baby Jesus in the year A.D. 0. As the Magi were Gentiles and not of the Judaic faith, they opened the gates of the religion of Judaism whose belief in one supreme being, OUR GOD, to others besides those of those whose ancestors were of the chosen people, those of the Judaic faith. That date is still celebrated by devout Roman Catholic's as the end of the Christmas season, and very likely by those who practice Mohammedanism as the opening door to their religion centered on one supreme being, OUR GOD whom they refer to as ALLAH. The Zoroastrain religion's elaborate ritual centered about the "eternal fire" that burned perpetually in or adjacent to the temple, and the principal temple was near Baku. One of the early Iranian myth-hymns, long preceding Zoroaster's reformation, refers to an eternal fire that needs no feeding on the shore of the Caspian Sea. In A.D. 636, before the Saracens swept the Persians from their mastery of present day Azerbaijan's Aspheron peninsula which projects into the Caspian Sea, the Baku neighborhood was dotted with Zoroastrain temples, and thousands of pilgrims visited the sacred region every year. The Moslem invaders extinguished Zoroastrianism in Persia, but a few devoted pilgrims continued to come from India until recently. Hanway wrote in 1754, "What the Guebers or Fire worshippers call the Everlasting Fire is a phenomenon of a very extraordinary nature ........ There are several ancient temples built with stone, supposed to have been all dedicated to fire. Amongst others is a little temple which the (Asian) Indians now worship ......... A little way from the temple is a cleft of rock, in which there is a horizontal gap, two feet from the ground, nearly six feet long, and three feet broad, out of which issues a constant flame, in color and gentleness not unlike a lamp that burns with spirits, only more pure ........ They do not perceive that the flame makes any impression on the rock. This also the (Asian) Indians worship, and say it cannot be resisted, but if extinguished will rise in another place." Writers predating Hanway refer to the Baku oil. Marco Polo says, "To the north of Armenia lies Georgiana (present day Georgia) near the confines of which there is a foundation of oil which discharges so great a quantity as to furnish loading for many camels. The use made of it is not for food, but for an unguent for the cure of cutaneous distempers in men and cattle, as well as for other complaints; and it also is good for burning. In the neighboring country no other (oil) is used in their lamps, and people come from distant parts to procure it." The glory of Baku's deposits on the western Caspian peninsula has not departed. Some of the world's largest wells with initial productions up to 120,000 barrels a day have been drilled there. Azerbaijan, whose territory in the Caspian Sea area lies across the border from AIPN's tract in the Caspian Sea area produced nearly 80% of all of the Soviet oil in 1938. This oil bearing territory was Hitler's goal on the eastern front during World War II. The turning point of World War II was fought over the entrance to this territory at Stalingrad , where Hitler's progress was reversed by the Russian army. The subsequent depletion of Hitler's war effort was in no small measure severely affected by this reversal, and enhanced the Soviet ability to take the offensive. The territory in question produced 340,000 barrels a day in 1959.