EXHIBIT 99.2 THIS DEBENTURE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, AND MUST BE HELD INDEFINITELY UNLESS SO REGISTERED OR TRANSFERRED IN A TRANSACTION EXEMPT FROM REGISTRATION. EXCHANGEABLE SUBORDINATED DEBENTUREExchangeable Subordinated Debenture • March 12th, 1997 • American International Petroleum Corp /Nv/ • Lessors of real property, nec
