American Energy Production Inc(fka AENP)

[RedShoulder]

AMEP Oil & Gas. Charts indicating pre-breakout on higher volume & technical indicators:

AMEP breakout forming UP off a long Pennant formation, confirmed bullish by breaking out of the formation UP ( see second chart), and moving UP and above out of very tight Bollinger Bands. Two AMEP Charts below basic DD:

Basic DD: AMEP is Junior Oil and NG company in Texas on-shore, with 7,000 acres that has a 100 percent coverage by the Barnett Shale formation (+ several other payzones), the largest in-ground proven NG reserves in the US, per USGS, an independent US Government Agency. AMEP is a Junior Oil and Natural Gas producer, that is also very fortunate to be also a vertically intergrated energy company, with two drilling rigs, and several workover/pulling unit rigs. They also have a 50% ownership in a 'Natural Gas Sales Pipeline' in Texas, that runs under a river.
Good luck, and good DD,
... %^ greeneyedhawk

Two bullish AMEP charts below:

One Month:



8 months, note Pennant is confirmed bullish, with UP breakout move, note bullish move out and above Bollinger bands too:



FYI & DD.
... %^ greeneyedhawk