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

To: qdog who wrote (8082)	4/2/1998 7:46:00 AM
From: sand wedge	Respond to of 11888

qdog, too many spin tacts to list from over there but the highlight: well, this one speaks for itself....$100. per share?? this guy is truely in denial. Subject: Re: ANDMORAGIN WHERE ARE YOU? Date: Thu, Apr 2, 1998 01:55 EST From: EHKMSMBA Message-id: <1998040206552101.BAA06795@ladder03.news.aol.com> andmoragin: (1) The Chikaduk prospect had an oil well drilled on it that blew during the Soviet era, and oil has been seeping out of it. (2) Hydrocarbons include, gas, condensate and oil. The fact is as much as 1.526 billion barrels of oil equivalent (BOE) potential recoverable hydrocarbons have been indicated in the prospects Upper Jurassic age sandstones. The entire structure in all probability contains gas, condensate and oil in varying degrees from one point to another. Each drill site will produce one or more of these hydrocarbons. And unless the posts I have read on this thread are misleading, the pipelines are already available for shipments of all three hydrocarbons to Russia. (3) Potential recoverable, is in all probability no more than 15% of all of the hydrocarbons in the structure. With gas recycling plants placed over the entire structure 50% to 75% of the all of the underground hydrocarbons can be recovered.. (4) AIPN stock is conservatively worth over $100.00 per share, based on what can be economically withdrawn from the Chikaduk structure utilizing gas recycling plants, together with AIPN's 7 other structures with estimates of 1.1 billion potential recoverable barrels of oil. Sweet dreams.

To: qdog who wrote (8082)	4/2/1998 10:47:00 AM
From: Laserbones	Read Replies (2) \| Respond to of 11888

I think the aol "spinnerets" have spun themselves into the real world, finally. Aipn did not come out and say Chikuduk has oil...hmmmmm? I bet the conference call will provide some laughs. Aipn needs to learn they can't put in writing that they probably estimate there is potentially a given number of barrels of something that may or may not be oil somewhere that they or someone else potentially may recover at some unkown point in the future. That is exactly what they stated in this release...the scary part is that may be exactly the truth which means Chikuduk is full of gas and is also a dud. Greg