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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: SliderOnTheBlack who wrote (25532)	7/11/1998 9:33:00 PM
From: P.Prazeres	Read Replies (1) \| Respond to of 95453

Nigerian buried, autopsy shows natural death By Matthew Tostevin LAGOS, Nigeria (Reuters) - Nigerian opposition leader Moshood Abiola was buried on Saturday in an atmosphere charged with political and ethnic tension. An autopsy showed he died of natural causes. His political followers struggled physically to seize the body at the graveside, wrapped in a simple white Muslim shroud, as his most senior wives and children prepared to lower it into the ground. Other family members restrained the activists. Chants of resistance against the military government and the north, which dominates power in Africa's most populous nation, mingled with the sound of the imam's Muslim prayers. "He is our president and we must give him a proper burial, that is why we tried to seize him. The family don't recognize that he is for all the people," said Toyin Banjo, one of a crowd of youths. Up to 60 people, mostly northerners, have died in rioting since Abiola's death on Tuesday after his loyalists accused the military of killing him to stop him claiming the presidency on the basis of 1993 elections which most Nigerians believe he would have won. But an autopsy, performed at the family's request by experts from Britain, the United States and Canada showed Abiola died of natural causes as a result of long-standing heart disease -- as an earlier government statement had suggested. "Despite the obvious evidence of significant natural disease, for the sake of completeness further testing will be accomplished over the next three weeks," a statement from the team said. "After a detailed review of the observations of witnesses present at the time of death, we believe that poisoning is extremely unlikely," it added. Abiola's first son Kola dismissed the findings of the team as irrelevant. "You don't have to poison a man, don't have to spike his tea, to kill him. My father was locked up for four years without proper medical treatment and that is what leads to death. We know who is responsible for that," he told Reuters. Thousands were prevented from attending the burial by roadblocks set up around 200 meters (yards) from the house. There was no sign of a government delegation and onlookers said that if there had been it would have provoked an angry response from the gathered youths. Official comment was not immediately available. As the ceremony ended and Abiola was covered with earth many tried to get past the roadblocks and were charged by paramilitary police in an armored personnel carrier. "This is the end of an era," commented a broadcaster on the privately owned Rhythm Radio minutes after Abiola's remains were lowered into the grave. He died on Tuesday during discussions with U.S. and Nigerian officials on terms for his possible release from jail. A letter from Abiola to the opposition NADECO group, published in his own newspaper on Saturday, denied that during recent negotiations to secure his release he had renounced the claim for which he was arrested in 1994. "The June 11, 1994 declaration (when he proclaimed himself president and was arrested) still subsists and has served and is still serving the purpose for which it was made," said the letter dated July 5, 1998 to NADECO chairman Senator Abraham Adesanya and published in the Concord newspaper. Abiola was arrested under former military strongman General Sani Abacha, who himself died of a cardiac arrest on June 8. His successor General Abdulsalam Abubakar, another northerner, released some political prisoners and has called for national calm and promised to announce soon a plan to restore democracy. "I shall address the nation very soon on what we have determined to be the best way forward for our fatherland," he told graduating officers at a military staff college in the northern city of Kaduna on Friday. His one month in power has won Nigeria some measure of international respect after the pariah status it suffered under Abacha because of abuse of human rights and lack of democracy. What will this do to the price of crude on Monday? -

To: SliderOnTheBlack who wrote (25532)	7/11/1998 9:45:00 PM
From: P.Prazeres	Respond to of 95453

Here's an interesting site: hydrocarbononline.com

To: SliderOnTheBlack who wrote (25532)	7/14/1998 11:34:00 PM
From: Robert S.	Read Replies (2) \| Respond to of 95453

Greetings board. Have learned much from this thread and appreciate the information. I like the deepwater players and picked up some VRC today. Slider, you seem to have a favorable opinion about RIG yet, it appears to me, you consider DO to be a better deepwater stock going forward. As RIG has a nice PEG, state of the art rigs, good contracts, institutional favorite, etc., why do you feel Diamond is a better stock choice at this point? I believe most, if not all, of the bad news is already reflected in the oil stocks and am starting to bottom fish. I like both DO and RIG but the latter seems a more solid investment going forward. Am I missing something? Fastball Down The Middle