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T-minus 27 days until Quarterly report filing deadline.
So who has a beat on when the next PR is coming? I've got nothing...
No worries... now if you can find out who the JV partner is for the 9 Kansas wells all will be forgiven!
Her name is Kim not Karen...
I'm just following up with Slap's comment on Osage Exploration. I never heard of a relationship with them either.
No need, I already did...
Osage Exploration - I spoke to Karen Bradford (President and CEO) of Osage Exploration. She claims no activity with AER Energy and said there are other companies with a similar name maybe one of them is working with AER Energy - I may just invest in her company simply due to the fact that she was so accessable.
http://www.osageexploration.com/s/Home.asp BAsed out of California with an office in OK City...
You should see my on stage act , its hilarious!
Make some phone calls and send out some emails. You'll be surprised to see what you can learn or what people will send you(with out paying a dime). I'm not doing anything you can't do for yourselves make an effort to do your own DD.
AERN and Black Gold signed a deal worth $2million annually. Read the PR's
Whatever I learn or know I'll gladly share.
Surf and Atlanta, shoot me a private message with your email address. We can correspond offline.
Surf, Atlanta - What do you guys know about the Black Gold deal ? Rumor has it that Stan and Al have until end of April or the deal is dead... Can you inquire as to what the hold up is?
It will be an interesting couple of weeks ahead!
Neither yahoo finance, OTC markets.com, Td Ameritrade carry news past oct.31.2011
Funny, I can't find any news from before October 31st, 2011 anywhere! Some one been cleaning up the older PR's that didn't go anywhere... Something is definitely up!
Al added to company website, also updated is the section on company news dating back to the PR on the 100 Kansas wells...
T-minus 29 days
T-minus 30 days....
Surf, I posted this link for someone else today! My issue is with the activity in Kansas.
1) What happened to the 100+ wells that were to be JV'd?
2) The Neosho County, Kansas - Dale Cox lease which AER Energy had posted on their website for the last 6 months... what was this all about? Are we drilling on this lease or not? If not, why was it posted on the site?
3) We got 9 wells in Kansas that we are JV'ing for a 50% stake with future offset wells to be drilled.(Awesome! but where is this Kansas lease(s) and who is the JV partner?)I would get really nervous if it were Marta Oil...
I have no issues with the TX leases/PR that you posted. This is great news!(old though)
I don't believe Buzz knows anything... get on the road.
These little deals make money to fund bigger deals. I'm curious to see any survey reports they have on the 9 new wells. Could be that there's much more oil down in there, once they drill offset wells the BOPM will increase. I can see them with holding PR's and selectively releasing them leading up to the Quarterly report and onward. I want to know who is the JV partner in KS!!
Rambo is the only "birdie" I'll listen to... Don't play games please.
Neosho County, Kansas - Dale Cox Lease - What ever happened to this? They were showing it on their website for the last 7mos. As far as I know there is no well or drilling activity prior to yesterdays 9 KS lease announcement which won't show any oil revenues for another 3 months.
AERN Completes TX well reworks pumping 200 BOPM as of February + 25% increase in sales in February most likely due to the well rework completion.
http://finance.yahoo.com/news/AERN-Completes-Well-Reworks-iw-312569948.html?x=0
http://finance.yahoo.com/news/aern-petroleum-sells-25-more-141500633.html
FYI - As far as I can tell they have producing wells in TX and OK and are currently pumping that oil which we will see in the quarterly report.
Can you post a link to the board?
So who is the JV partner for these nine wells, any idea? Are they by chance the beginning of JV's announcing the other 91 wells slowly over the course of the next year? Hmmmmm .... Marta Oil by chance? Any idea how much the offset wells will produce? PR seems light on details, I guess they'll come out eventually.
Which breakout board?
The partner is probablly Marta Oil.... :P
Should I put a sell order in at $.03 or higher?
You know what , I had my knee operated on this past Monday and today I'm sitting in my house with nothing better to do than post on this board... Do I get credit for trying to call Black Gold Exploration LLC for some DD??
Seriously, how many leases, how many operational wells, JV's status, everything!
What does your birdie tell you?
Al Karmali didn't have to join AER Energy. He had his own leases worth $20Million and all he had to do is pay someone to get it out of the ground. My gut tells me Al would not have joined AERN if there was not more potential and compelling evidence AERN was chasing down some serious oil leases & finalizing deals.... We shall see!
Al is working the wells he brought in, Stan is on top of the UMO but Theresa puzzles me... Her connections to Multiplex and Marta Oil have not panned out...yet. We haven't heard a thing about Black Gold or the 100 wells in Kansas. So why is she involved other than the fact that she owns a large portion of AERN? She doesn't seem to be "pulling her weight" so to speak, I wonder if she's about to close a deal finally...
This was from the quarter ending in September 30, 2011.... I'm afraid we heard none of this except for the Riverton deal in the following quarterly report and annual report ending December 31st... So where that leaves us i have no idea....
Really?? No posts in almost hours!
AERN to JV up to 100 Wells in Kansas - Haven't heard boo about this one either. Announcing intent to enter a JV is not entering a JV....
Although, here is the exempt from the September 30 Quarterly report: "The company is committed pursuant to the assignment of a joint venture interest from Marta Oil for the expenditure of drilling expenses for up to 100 wells in KS with a definitive agreement to be finalized no later than December 30, 2011." No agreement has been made to date although its clear who has the connections to marta Oil...
From the December 31st Annual Report: 1. TERESA JACKSON: Ms. Jackson has been active in O&G secondary recovery with leases in Kansas and Texas, specializing in low-risk shallow well rework opportunities. Ms. Jackson has purchased several leases in Wilson County Kansas and has over 25 wells producing or in secondary recovery operations under development. Ms. Jackson and Marta Oil have developed a successful program for lease and well acquisition which includes an extensive on location personal review of all potential land lease purchases. Marta Oil has been successful in
developing a rock-solid method of working with industry partners and has aligned itself with Multiplex Resources, Inc. of Houston, TX. for all drilling, completion and production of both Oil and Gas operations.
http://finance.yahoo.com/news/AER-Energy-JV-100-Well-Kansas-iw-3892428050.html?x=0
I did go back and look at the Black Gold deal - October 28, 2011 a deal forming a JV between AER Energy and Black Gold was signed. A 50% working interest was agreed and the Knox County lease was supposed to yield $2million/yr . 60 bbls/day at $90/bbl... Why haven't we heard more about this?
http://finance.yahoo.com/news/AER-Energy-Black-Gold-Sign-2-iw-1515359035.html?x=0
Why has this stock stopped trading?