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American Energy Development Corp. (AEDC)

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Last Post: 12/9/2013 6:04:45 AM - Followers: 18 - Board type: Free - Posts Today: 0
Business Description

American Energy Development Corp. are a new exploration stage company and have produced no revenues since inception. Our business plan is to acquire working interests in oil and gas properties for exploration, appraisal and development. We own a three percent working interest in the Magnolia Prospect. The Magnolia prospect is a proposed three well developmental drilling project that is located on 240 acres of land in Pottawatomie County, Oklahoma. American Energy Development Corp. does not have any oil or gas reserves.

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American Energy Development's strategy is to acquire high quality prospects and apply the latest geological, geophysical, and environmental technology to create shareholder value whilst minimizing risk-exposure.

Through its strategic acquisition and exploration strategy, American Energy Development has acquired 30,243 acres of prime oil and gas acreage, and 19.23 sq. miles of high quality 3-D Seismic data on its acreage targeting prolific Oil and Gas formations in proven basins.




American Energy Development's 1,343 acre Dansville prospects are located amongst wells drilled by majors ExxonMobil, BP and regional major player WestBay Exploration. Reefs in Michigan have produced a total of 472 million barrels of oil and 2.8 TCF gas with American Energy Development's acreage found in the midst of a proven oil bearing southern reef trend.1 Using 3-D seismic previously not available on earlier exploration programs over the area, the first of three prospects Brown-12 was drilled in 1972 reporting an Initial production of 583 barrels of oil per day and lies contiguous to a Reef drilled by ExxonMobil that has already produced 606,000 Barrels of oil.2

more about PROJECT




American Energy Development's 4,200 acre White-tail prospect is located in Northern Michigan an area known for prolific Niagaran reef structures exploited by Royal Dutch Shell, BP and proven shale acreage that counts players such as Chesapeake, Chevron and Encana. Located in a play that covers about 2,500,000 acres within the proven oil bearing 12 -15 mile wide reef belt, reefs in the area range from 50-400 acres in size and are 200-700 ft in depth. The two largest reefs drilled have both been drilled in the Northern Trend are the Chester 18A field, with 14 millions barrels of recoverable oil drilled by Royal Dutch Shell and the Grant 13 field which has approximately 47 Billion cubic feet of recoverable natural gas.3



Windsor Prospect

Southern England, Windsor, United Kingdom

American Energy Development's 24,700 acre prospect is located amongst sizeable UK onshore fields such as BP's 500 Million barrel Wytch farm oil field, Europe's largest onshore oil and gas field. The underexplored UK onshore fields share relations to the 30 Billion Barrel North Sea by containing similar structures and sands.4 Seismic mapping undertaken on the prospect demonstrates a Northwest - Southeast trending closed anticline. The prospect has prospective resources of up to 615 Million barrels of oil inplace

more about PROJECT



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Current Price
Bid Ask Day's Range
#963   AEDC 0.041 - 15d-6 trader53 12/09/13 06:04:44 AM
#962   Has anyone got a clue as to what nawura 11/18/12 08:02:53 AM
#961   American Energy Development Reports Full Year Fiscal 2012 Results Jett Rink 10/20/12 03:46:03 PM
#960   Watching and holding. Seems bids are getting raised j smoo 08/06/12 09:22:09 AM
#959   Hi all watching that chart. PoemStone 08/04/12 01:12:42 PM
#958   Bounce off bottom in full effect. Could be Jett Rink 07/19/12 07:22:41 PM
#957   American Energy Development Provides Update on Michigan Operations Jett Rink 07/17/12 02:34:09 PM
#956   ... ctruelove 07/08/12 02:05:10 PM
#955   .. tony26 07/05/12 10:29:31 PM
#954   . USA*2014 07/03/12 08:08:08 PM
#953   Correct, I sure am. Spent AEDC profit yesterday. CarloRoberts 05/28/12 01:27:59 PM
#952   Sure you are. Kev2128 05/28/12 01:25:12 PM
#951   Long gone and at +. Thanks for asking. CarloRoberts 05/28/12 09:55:13 AM
#950   How you enjoying those cheapies? Kev2128 05/28/12 03:19:19 AM
#949   I got a mailer on this, whats the mcnugget 05/24/12 03:33:14 PM
#948   News & only a couple of posts......AEDC set ospreyeye 05/11/12 11:31:07 AM
#947   Income Statement: ctruelove 05/11/12 11:25:58 AM
#946   Well, pun intended, we got our update. Not j smoo 05/11/12 08:37:09 AM
#945   I hope their not giving us an update Jo5h 05/11/12 07:48:41 AM
#944   I see that. 72 hours and counting. I j smoo 05/11/12 07:23:18 AM
#943   Or continuing to accumulate weak and nervous shares. CarloRoberts 05/10/12 03:25:18 PM
#942   that would be nice. j smoo 05/10/12 02:11:34 PM
#941   The delay could be they want to post Willie1598 05/10/12 01:31:46 PM
#939   What a shame. NO UPDATE> j smoo 05/10/12 09:57:17 AM
#938   Click here for $AEDC DD extras.. Penny Roger$ 05/10/12 08:14:21 AM
#937   I'm waiting to see if they release any StockBull 05/10/12 12:39:24 AM
#936   I got that promo in the mail a StockBull 05/10/12 12:27:45 AM
#935   Maybe it will even out. raise back to j smoo 05/09/12 07:00:53 PM
#934   Shares traded. Since Monday when it opened at paper123 05/09/12 02:37:37 PM
#933   It primarily will focus on Kansas. CarloRoberts 05/09/12 01:40:04 PM
#932   Niteline tonight. They are doing a story on paper123 05/09/12 01:18:23 PM
#931   Hey Kev, what happen here with AEDC? I StockBull 05/09/12 12:24:03 PM
#930   From PR. yesterday. j smoo 05/09/12 08:53:22 AM
#929   I am out! Don't worry about what i Kev2128 05/08/12 06:16:55 PM
#928   I thought you was out yesterday are you Willie1598 05/08/12 05:56:22 PM
#927   Please give more .70's. Thanks in advance. CarloRoberts 05/08/12 03:40:26 PM
#926   Well you never can tell. We will see j smoo 05/08/12 02:31:49 PM
#925   What a scum company this turned out to Kev2128 05/08/12 02:26:41 PM
#924   Agreed. Total waste. But the rebound always comes. CarloRoberts 05/08/12 02:25:31 PM
#923   Crash it? I would say that money was j smoo 05/08/12 02:22:50 PM
#922   I'm long gone! I made that money back Kev2128 05/08/12 02:19:30 PM
#921   Love buying cheap after they crash a stock. CarloRoberts 05/08/12 02:15:54 PM
#920   Yea all that money for 20 or so j smoo 05/08/12 12:53:01 PM
#919   .80's up (.70 X .80) Firedog40 05/08/12 11:59:27 AM
#918   I am new at this stuff myself and FistofTheNorthStar 05/08/12 11:58:11 AM
#917   .70 X .75 (1MM left under 80 cents) Firedog40 05/08/12 11:38:45 AM
#916   It appears to be recovering just a little Firedog40 05/08/12 11:16:44 AM
#915   Wow, I was so close to buying at StockBull 05/08/12 11:15:06 AM
#914   I'm in a really bad situation here so Jo5h 05/08/12 10:45:45 AM
#913   If this gets any good news at all Jo5h 05/08/12 10:40:47 AM