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Re: Awl416 post# 223

Wednesday, 12/14/2016 3:55:08 PM

Wednesday, December 14, 2016 3:55:08 PM

Post# of 21373
Awl416, I agree with you on that. The PR that came out today wasn't what I was expecting, although it wasn't bad news. I was hoping that Chapman Petroleum had already been to Block 19 in Peru and had the Petroleum Reserve Report finished. I have been hoping it was going to come back positive with a large number of Barrels per day estimate in the report. Back in May 2016 Chapman was expected to be in Peru within 30 to 60 days. So that would of put Chapman at Block 19 around August 2016. I figured maybe 2 months to compile the report which would of put it around late Oct. early Nov. give or take a few weeks. But I guess we'll have to wait now until Chapman gets down there and does the report.

The good thing in the PR was AEPP is clear to proceed to manufacture and install the full Pilot Plant from their exclusive Technology supplier Pointsource Processing (PSP) for the extraction of gas and oil from Block 19.

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