Schroder We Retraction of Morning Meeting Notes Dated December 16/17, 1996 Concerning Arakis Energy Corporation NASDAQ (AKSEF).CALGARY, ALBERTA--(BUSINESS WIRE)--Dec. 20, 1996--Arakis (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 AKSEF) Schroder Wertheim retracts the Schroder Wertheim Morning Meeting Highlight dated December 17, 1996 entitled "Arakis Energy Corp. of Edmonton (AKSEF) in the Headlines Once Again" and makes the following material factual clarifications: - Schroder Wertheim has confirmed that Chevron has no claim to Arakis's Sudan concession - Arakis has informed Schroder Wertheim that State Petroleum Corporation, a wholly-owned subsidiary of Arakis, and not the Sudan government as previously understood by the author, will continue as operator of the Sudan concession until it is replaced by a joint operating company operating company A business that engages in transactions with outsiders. in which State Petroleum will have a participating interest. - The piece noted that the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. had granted aid of "$200 million (US) of surplus weapons" to Eritrea, Ethopia and Uganda. The amount was a typographical error typographical error - (typo) An error while inputting text via keyboard, made despite the fact that the user knows exactly what to type in. This usually results from the operator's inexperience at keyboarding, rushing, not paying attention, or carelessness. Compare: mouso, thinko. and should have been $20 million (US) in military aid. Arakis has informed Schroder Wertheim that inquiries concerning the recently announced formation of the consortium may be directed to David Harrison David Harrison may refer to:
CONTACT: Arakis Energy Corporation David Harrison, 403/ 263-2471 www.arakis.com or Robert Fleming and Co. Limited Mr. Rob Gray, 011/44-171-382-8832 (London, England) |
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