American Energy Production Inc. Announces Purchase by Subsidiary of 1116 Acres in Barnett Shale Gas Play.

MINERAL WELLS, Texas -- American Energy Production, Inc. (OTCBB:AMEP) announced today its wholly owned subsidiary Bend Arch Petroleum Inc. has purchased 1116 acres in the Barnett Shale natural gas play in Palo Pinto, Texas.

Included in the purchase are 10 natural gas wells producing from either the Bend Conglomerate or Strawn formations. These 10 natural gas wells need to be re-worked and re-stimulated to achieve maximum productive potential. One advantage of this oil and gas lease is a natural gas gathering system and water lines that are connected over the entire property.

This 1116 acre property is located about 10 miles South of the Bend Arch Petroleum Inc. 12 well Palo Pinto Project where on July 18th the Company completed a Barnett Shale oil and gas well that to date has produced over 5500 barrels of oil and 12,000 MCF of natural gas. Geological information of the area indicate a very similar Barnett Shale structure is located on this property that compares to the Barnett Shale structure on the 12 well project. This property has the potential for 15-20 Barnett Shale oil and gas wells and more than 20 Bend Conglomerate or Strawn Formation natural gas wells.

Charles Bitters, President of American Energy Production Inc. stated, "Bend Arch Petroleum Inc. has accumulated over 8,000 acres of leases that have potential Barnett Shale production. The Company is very aggressive in locating and acquiring leases in the Barnett Shale area with the plan to drill and produce these properties while the prices of natural gas and oil are at record levels."

About American Energy Production, Inc. :

AMEP was founded in 2000 and in 2003 upon the acquisition of certain oil and gas assets, the company entered a new development stage becoming a Business Development Company in January 2004. Activities during this stage include acquisition of subsidiaries, additional assets, developing and implementing a plan to extract oil and gas, acquiring certain rights to and utilizing an oil recovery additive, completing initial sales of oil and gas, and raising capital. The company has determined that its operating model best approximates that of an investment company and intends to make investments into developing businesses in oil and gas related industries. Please see www.americanenergyproduction.com.

ABOUT CFSG :

Consulting For Strategic Growth I, Ltd. takes the position of Corporate Development Consultant with public and private companies. Working side by side with management, CFSG assists client companies in exposing their story to the Wall Street community. This is accomplished through the use of Executive Summaries, Corporate Profiles, Fact Sheets, CEO Interviews, Research Reports, Position Papers, one-on-one cluster group meetings, in addition to presentations to CFSG's database of quality volume investors.

Consulting For Strategic Growth I, Ltd. ("CFSG") has a July 7, 2004 agreement with AMEP to provide consulting, business advisory, investor relations, public relations and corporate development services to the Company for an initial six-month period. In connection with these services, CFSG prepares press releases, corporate profiles, and other publications on behalf of and regarding the Company. In accordance with this agreement, AMEP pays a cash retainer and issues shares of common stock and warrants each month for these services. Independent of CFSG's receipt of stock compensation, CFSG may choose to purchase the common stock of the company and thereafter liquidate those securities at any time it deems appropriate to do so.

To request additional information about the company or to schedule an upcoming meeting in New York please contact Ms. Meryl Orshan of CFSG @ 1-800-625-2236

Certain statements in this document constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of American Energy Production Inc. ("the Company"), or industry results, to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. The Company's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its plan of operations when needed; (ii) build the management and human resources and infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors discussed in the Company's periodic filings with the Securities and Exchange Commission which are available for review at www.sec.gov under "Search for Company Filings."