American International Petroleum Corp&lt;AIPN> said it agreed to acquire for one mln dlrs the assets of
a western Louisiana oil and gas company. American International
would not identify the company.
    American said assets included nine leases totalling 2,600
acres, various working interests in 15 oil and gas wells on
that property, all equipment and machinery necessary for
operation, and a 50 pct interest in a nine-mile gas pipeline.

 Reuter
