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

To: Jim Lamb who wrote (7758)	2/12/1998 12:34:00 AM
From: lawrence smith	Read Replies (1) \| Respond to of 9164

the tarrif is based on a sliding scale.exactly what it slides on i dont know. suggest you go to the arakis web page, go to research, and read the credifinance report. also, there is some distinction between cost oil and profit oil. all in all, it looks like they will need their own energy dept. over there to figure it out. take the wti price for oil, lop off about 7-8 bucks a barrel, and that sounds like a ball park figure for what they should net.