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

To: J. M. Burr who wrote (7830)	2/21/1998 8:03:00 PM
From: LARRY LARSON	Respond to of 9164

Hi Kids- More of the same but current: Homeÿú My Deja News! Quick Searchÿú Power Searchÿú Interest Finderÿú Browse Groupsÿú Post Message ÿIBM Netfinity Servers...power AND scalabilityÿÿOnline Resources ------------------------------------------------------------------------ Click here for My Deja News - the best way to keep up with newsgroups. ÿArticle 1 of exactly 51Text OnlyÿÿÿHelp Previous Article Next Article Current Results View Thread Author Profile Post New Post Reply Subject: CAQ: MERCENARY ARMIES & MINERAL WEALTH From: rich@pencil.math.missouri.edu (Rich Winkel) Date: 1998/02/21 Message-ID: Article Segment 9 of 10 (Get Previous Segment) (Get All 10 Segments) SUDAN and UGANDA " Neither of these former British possessions -unlike Angola and Zaire- was targeted for more than routine US interference. Both of these East African countries have had significant internal problems. Sudan has only had 11 years of peace since independence in 1956 and is currently controlled by a fundamentalist Islamic dictatorship. Uganda has suffered two dictators and is now ruled by the autocratic Yowen Museveni. In the Sudan, Arakis, a small, new Canadian oil company, recently finalized a billion dollar agreement to exploit the Al-Muglad Rift Basin on the seam line between the Arab North and the black African South. In the last nine months, Arakis and the government have worked hand in hand in a relationship that "is self-evidently symbiotic," writes Martin Cohn, the Toronto Star's Middle East reporter, who recently visited the drilling site. "The oil camp opens its doors to military men as well as nomads. Arakis services broken military trucks, provides electricity lines to their barracks and even pipes in water to army camps," he adds. The Dinka and Nuer, the two major ethnic groups in the south, are refusing to cooperate with the project, as is the National Democratic Alliance. This coalition unites all the Northern and Southern military groups fighting the government that has ruled since 1989. Amnesty International has condemned the Khartoum military dictat- orship for its massive human rights abuses, including the deliberate and arbitrary killings of villagers, the abduction of scores of children, and torture of suspected government opponents. The situation has worsened in the last few months as fighting has increased. The rebels, led by John Garang, have advanced into the eastern provinces, through which Arakis' 940-mile-long pipeline to Port Sudan is due to be laid. The rebels allege that Arakis has hired white South African mercenaries to protect its new project. The concession is expected to bring in annual revenues of $1 billion, or a tenth of Sudan's present gross national product. Initially, Arakis' main potential partner in the venture was Occidental Petroleum. This California company won a special exemption from the Clinton administration to do business in Sudan, despite an economic embargo placed on the country for its sponsorship of terrorism. Although Khartoum vetoed Occidental's participation late last year, the US company's influence is still felt through its close association with Arakis. On July 30, James Taylor, then Occidental's executive vice president for international exploration, joined the Arakis board. The previous week, Arakis had appointed a new pipeline manager named David Hunter, who used to work for Occidental. On the other side of the border in northern Uganda, General Kaleb Akand-wanaho, better known as Salim Saleh, half brother of autocratic ruler Yoweri Museveni, who has close economic ties to mercenary ventures. He owns shares in Buckingham's Branch Mining, which in turn has shares in a joint venture to explore for gold in Kidepo national park. Saleh, who is currently in charge of the fight against Ugandan anti-government rebels in the north of the country, also controls 45 percent of Saracen Uganda, a subsidiary of EO. Saracen, which is based in South Africa, also employs Craig Williamson, a former spy who has admitted killing people in southern Angola with a parcel bo