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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 (7819)	2/20/1998 10:48:00 PM
From: Douglas V. Fant	Respond to of 9164

Jim, No problem with trying to make a buck. I do not own any shares of AKSEF, and over here raining on your parade- sorry! But civil war will slow down/prevent any realistic development in the Sudan for the time being. Be careful with Arakis on that basis. Also IMO the current Goverment is not strongly in power- a number of signals that it is giving off would indicate that to be the case. Even if Arakis builds a pipeline, pipelines are very easy to sabotage- and on a daily basis. I learned that in Colombia. Also I'd would object to any statement that the Sudan has reserves larger than Saudi Arabia though... The Al-Ghawar Field in Saudi Arabia is one big field..... Sincerely, Doug F.