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To: Zakattack who wrote (26344)	6/18/1998 1:43:00 PM
From: Logistics	Respond to of 34592

ABRG - Important info from the thread and a reason to buy: DavidCG Thursday, Jun 18 1998 12:38PM ET Reply # of 181 Ok, I spoke to John Hickey about this Joint Venture with AMEX. John Hickey is the President of AMBRA. Because I'm no Canadian rocket scientist... I didn't really grasp what AMEX really is. So I asked him. I said John, I'm a really new investor to AMBRA, who are the players in the Joint Venture? ABRG owns 5% of this venture... do you want to know some of the companies in the other 95% of this joint venture? I thought it was just Starrock as mentioned in the news release. Duh (hence the reason I'm not a Canadian rocket scientist). Hold on to your hats... this list is VERY impressive. You should buy this stock on word association: AMOCO CANADA GULF CANADA (Imperial Oil) SHELL CANADA PETRO CANADA CHEVRON CANADA MOBIL And others! (at this point he asked if he could just fax me the list) Is that enough BIG wig names to make you excited about this AMEX JV? And AMBRA owns 5% of all of this! May every trade of yours be a VERY profitable one. Good Trading! -DavidCG \| Previous \| Next \| Respond

To: Zakattack who wrote (26344)	6/18/1998 1:50:00 PM
From: Logistics	Respond to of 34592

Telling you now: ABRG will gap tomorrow. Check out the volume. Also, TCBG looks strong. JL

To: Zakattack who wrote (26344)	6/18/1998 2:42:00 PM
From: Zakattack	Read Replies (3) \| Respond to of 34592

52-Week Low $0.02 Recent Price $0.03 52-Week High $0.50 Shares Outstanding 11.5M Float 6.70M Garnet Resources Corp (OTC BB: GARN). Owns and operates oil and natural gas fields. The company was losing money and was going to file for Bankruptcy. This is no longer an option for the company and they will continue to operate as a subsidiary of Aviva Petroleum Inc. (AMEX: AVV). As of April 16, 1998 GARN and AVV have been in talks to merge together. It now seems the deal has been finalized and the two companies will join together. Under the terms of the agreement Aviva will assume all of GARN's debt. Aviva will pay the outstanding debt by issuing new shares of Aviva stock. Now... Onto the privileged info: According to Ron Suthill (IR at Aviva) today, current proposal on the table (by Aviva) calls for 1 share of AVV for every 10 shares owned of GARN as of tomorrow's record. The latest price today for aviva was 15/16. A tenth of that is about 9 cents!!! This announcement could be out as early as tomorrow! biz.yahoo.com >>> Update on Proposed Merger with Aviva On April 16, 1998, the Company signed a letter of intent with Aviva Petroleum Inc. (''Aviva''). Under the terms of the letter of intent, the Company will become a wholly owned subsidiary of Aviva. The proposed arrangements include Aviva refinancing Garnet's outstanding debt to Chase, issuing approximately 1.1 million, 12.9 million and 0.1 million new Aviva common shares to Garnet shareholders, holders of Garnet's Debentures and the minority limited partners of Argosy Energy International, a subsidiary of the Company through which it conducts its Colombian operations, respectively. Upon completion of this transaction, the Debentures will be canceled. The two companies are finalizing documentation of the merger, including completion of the negotiations, execution and delivery of the definitive Agreement and Plan of Merger, Debenture Purchase Agreement, Limited Partnership Purchase Agreement and the proposed new credit facility with ING Capital, Aviva's lender. Additionally, approvals are needed from Garnet and Aviva shareholders, Chase and OPIC to consummate the merger and a Joint Proxy Statement will have to be filed with the Securities and Exchange Commission. While it is expected that the merger will be completed substantially as planned, there are no assurances that this will be the case. Aviva's Depositary Receipts are traded on the American Stock Exchange under the symbol ''AVV'' and its common shares are quoted on the London Stock Exchange under the symbol ''AVP''. One Aviva Depositary Receipt equals five common shares.<<<