Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: DRRISK who wrote (8134)	4/3/1998 1:03:00 PM
From: GREATMOOD	Read Replies (2) \| Respond to of 11888

American International Petroleum Retains Peter L. Holstein as Consultant NEW YORK--(BUSINESS WIRE)--April 3, 1998--American International Petroleum Corp. (NASDAQ: AIPN), today announced that it has retained the services of Peter L. Holstein to act as a consultant to the company in its plan to form joint ventures with industry partners to develop its Kazakstan Concession. Holstein has unique industry contacts and relationships with over 32 years experience in the energy field and has served as president of Arakis Energy International, and as chairman of Odyssey Petroleum Corp. The company owns a 70 percent working interest in a 4.7 million acre concession in Western Kazakstan where independent preliminary estimates indicate that the concession contains potentially over 2.6 billion recoverable barrel oil equivalent. The above statements are forward-looking, and are based on estimates and current expectations. They involve certain risks and uncertainties detailed from time to time in the company's SEC reports. Actual results may differ materially. American International Petroleum Corp. is engaged in oil and natural gas exploration in Russia and Kazakstan and refining in Louisiana. --30--kdb/ny* dn CONTACT: Millennium Holdings Group, Inc. Wall Street Associates (561) 988-2334 www.millenniumholdings.com E-mail: mhgi@bellsouth.net