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AIPC updates status of Far Eastern Hydrocarbons transaction.


NEW YORK--(BUSINESS WIRE)--Feb. 21, 1996--American International Petroleum Corporation (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
:AIPN AIPN Association of International Petroleum Negotiators
AIPN Australian Injury Prevention Network
AIPN Advanced Industrial Property Network (Japanese Patent Office)
AIPN Asian Industrial Property Network
), announced today that its previously announced transaction with Far Eastern Hydrocarbons, which was expected to be signed by Feb. 16, 1996, is still under discussion by the parties.

The parties intend to resume their discussions as soon as practicable after the week-long Ramadan holiday period in Indonesia.

American International Petroleum Corporation is engaged in oil and natural gas exploration and production in Colombia, Peru, and Indonesia, and in refining in Louisiana.

CONTACT: AIPC AIPC Androgen-Independent Prostate Cancer
AIPC American Italian Pasta Company (Kansas City, MO)
AIPC Aquidneck Island Planning Commission (Rhode Island) 
 

Denis Denis, king of Portugal: see Diniz.  J. Fitzpatrick

800-298-AIPC
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Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Feb 21, 1996
Words:89
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