American Energy Production Inc. Announces Re-Entry of Barnett Shale Well on 12 Well Bend Arch Petroleum Inc. Project.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 its wholly-owned investee Bend Arch Petroleum Inc. is re-entering another well, the Nash 1-C in the 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 formation located on its 12 well Palo Pinto Project. Charles Bitters, President of American Energy Production Inc. stated, "This well is close to the Barnett Shale oil and gas well on the 12 well project that has produced approximately 15,000 barrels of oil and 45 million cubic feet of natural gas since July of 2004. Though production rates have not been established, the Nash 1-C well also shows signs it will produce both oil and gas." Bend Arch Petroleum Inc. will install a Uni-draulics jet pump a device in which a small jet of steam, air, water, or other fluid, in rapid motion, lifts or otherwise moves, by its impulse, a larger quantity of the fluid with which it mingles. See also: Jet on this well instead of a conventional pumping unit. The idea is to move more oil and produced water from the wells bore faster and more efficiently to achieve a greater flow of oil and natural gas. Bend Arch employees will work throughout the Memorial Day weekend to finish installing this equipment. More details will be announced as to the status of the Nash 1-C well as soon as management has results. To view a current picture of the workover rig on the Nash 1-C well please follow this Link. http://www.americanenergyproduction.com/projects_1.html Scroll down where you'll see Nash Well Barnett Shall Re-entry RE-ENTRY, estates. The resuming or retaking possession of land which the party lately had. 2. Ground rent deeds and leases frequently contain a clause authorizing the landlord to reenter on the non-payment of rent, or the breach of some covenant, when the . Charles Bitters, President of American Energy Production Inc. stated, "Bend Arch Petroleum Inc. has accumulated over 7,000 acres of leases that have potential Barnett Shale production. Bend Arch Petroleum Inc. and Oil America Group Inc. of Dallas, another 100% owned investee of AMEP plan to offer drilling partnerships to potential investors to drill Barnett Shale wells on the above mentioned properties in the near future. For more information contact Joe Christopher Joseph O'Neal (Joe) Christopher (born December 13, 1935 in Frederiksted, U.S. Virgin Islands) is a former outfielder who played in Major League Baseball from 1959 through 1966. Listed at 5' 10", 175 lbs., he batted and threw right handed. at Oil America Group Inc." Statements contained in this release, which are not historical facts, may be considered "forward-looking statements" and are based on current expectations and the current economic environment. We caution the reader that such forward-looking statements are not guarantees of future performance, Unknown risk, uncertainties, as well as other uncontrollable or unknown factors could cause actual results to materially differ from the result, performance, or expectations expressed or implied by such forward-looking statements |
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