American Energy Production Inc. Announces Purchase of Natural Gas Pipeline and Properties by Wholly Owned Subsidiary Bend Arch Petroleum.MINERAL WELLS, Texas Mineral Wells is a city in Palo Pinto County, Texas and a portion of Parker County, Texas. The population was 16,946 at the 2000 census. The city is named for mineral springs in the area, which were highly popular in the early 1900s. -- American Energy Production Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :AMEP AMEP Adult Migrant English Program AMEP African Middle East Petroleum Co. AMEP Asymptotic Multi-User Error Probability AMEP Association for Medical Education in Pakistan AMEP Automated Missile Engagement Planner ) announced today Bend Arch Petroleum Inc., it's wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. has purchased a 50% interest in 400 acres in Parker County, Texas Parker County is a county located in the U.S. state of Texas. In 2000, its population was 98,495; in 2005, its population was estimated to be 102,801. The county is part of the Dallas/Fort Worth Metroplex. . This property is contiguous to the Company's existing Youngblood lease. The 400 acres has five producing natural gas wells and the potential for several Barnett Shale The Barnett Shale is a geological formation of economic significance. It consists of sedimentary rocks of Mississippian age in the U.S. State of Texas. The formation is estimated to stretch from the city of Dallas to west of the city of Fort Worth and south, covering 5,000 square gas wells. Also, included in the purchase package is a three mile 4" natural gas pipeline that will allow the natural gas from the Youngblood #1 and other wells on the property to be transported and sold. The Youngblood #1 gas well will be connected to this natural gas transportation line in the next few days. This purchase of natural gas properties in the Barnett Shale by Bend Arch Petroleum Inc. is in keeping with the business plan of acquiring, drilling and developing as many select natural gas wells in the Barnett Shale formation as possible over the next five years. Charles Bitters, President of American Energy Production Inc. stated, "We are allowing Bend Arch Petroleum Inc. to be very aggressive in the Barnett Shale formation, because we believe this natural gas formation will only expand rapidly as new stimulation and fracturing technologies are utilized." 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 CFSG Classification of Finite Simple Groups : 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 (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. 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 Investor relations The process by which the corporation communicates with its investors. , public relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most 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 New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of please contact Ms. Meryl Orshan of CFSG at 1-800-625-2236 Certain statements in this document constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and 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." |
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