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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 (7854)	3/2/1998 2:45:00 PM
From: Kurt A. Altmann	Read Replies (1) \| Respond to of 9164

Is this article in reference to Arakis's interest, or another pipeline? Wouldn't this information (pipe delivered, construction start) have been worthy of a press release? Kurt

To: Jim Lamb who wrote (7854)	3/2/1998 7:15:00 PM
From: J. M. Burr	Read Replies (1) \| Respond to of 9164

This is a longer pipeline than originally designed. Thus, I don't believe the 1,000 mile line is still the operative figure. It skirts the dangerous area, so the SPLA will have to attack the project near the oil field. By the way, the SPLA is quite willing for companies to pour money into infrastructure just so long as no oil is ever exported. AFP states oil will be delivered to the Red Sea by July 1999. That means laying about 2 miles of pipe a day from now on. Would anyone out there bet that the contractors will meet the completion date of on/before 30 July 1999? If so I have some nice beachfront property in Arizona for sale. Tumbleweed.