American Energy Production Inc. Announces Significant Oil and Gas Discovery by Wholly Owned Investee Bend Arch Petroleum Inc.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 it's wholly owned investee Bend Arch Petroleum Inc. recently discovered a significant oil and natural gas well on its Palo Pinto pinto Spotted horse, also called paint, piebald, skewbald, and other terms to describe variations in colour and markings. The American Indian ponies of the western U.S. were often pintos. Most pure-breed associations refuse to register horses with pinto colouring. county 12 well project. The oil and natural gas well was a 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 , completed in the "D" section of the Marble Falls formation using new stimulating and fracturing techniques that have not been used on this particular formation until now. Bend Arch Petroleum Inc. management commented, "The new well has produced over 1000 barrels of oil and approximately 2.5MCF of natural gas in the past week. The well has not yet stabilized and is very erratic while the fracture completion fluid is being recovered. The revenue from this new production is expected to significantly assist us on our ongoing drilling and exploration programs." Charles Bitters, President of American Energy Production Inc. stated, "We are very pleased Bend Arch Petroleum Inc. is keeping with the aggressive exploration programs originated by AMEP to find new reserves of oil and natural gas. With the historic prices of oil and natural gas this new discovery will allow Bend Arch Petroleum to drill several new wells on the 1400 acres the company owns in the area of the new well also adding a new potential productive formation other than 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 ." With this new oil and gas discovery in the Marble Falls formation along with recent successful completions in the Barnett Shale formation, American Energy Production Inc. wholly owned investee Oil America Group Inc. of Dallas, Texas “Dallas” redirects here. For other uses, see Dallas (disambiguation). The City of Dallas (pronounced [ˈdæl.əs] or [ˈdæl. will begin implementing a new drilling program for potential oil and natural gas investors. This will allow investors to participate by owning working interest in new oil and gas wells drilled in the area of the new discoveries. 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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