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


To: Terry Jackson who wrote (7532)2/24/1998 5:05:00 PM
From: qdog  Respond to of 11888
 
The first does have a point about exploration and production, but I don't share that concern. Sure you normally have a production sharing agreement in hand, but I have seen them renogiated depending on what is found.

On the 28% royalty, far cheaper than 50% government ownership once commericalbility is declared which is the norm in most countries.

Spud it and turn it to the right, DRILL AHEAD!!



To: Terry Jackson who wrote (7532)2/24/1998 6:39:00 PM
From: Tom Genna  Read Replies (1) | Respond to of 11888
 
To the group for info only: FWIW Another tiny oil company in K* gets coverage with a buy.

Hurricane Hydrocarbon Ltd. (HHLAF) 7 1/8 +1/2: DLJ begins coverage of international oil exploration and development company with "buy".....

They trade at 7+; don't have a great deal of oil.

.........tom