The Real News That Will Make This Company
As always before, Greeneyedhawk’s posted diligence information is crucial information for those who might intelligently consider the rare investment opportunity that AMEP presents. His DD #4 report is representative. And this new posting of 4 approaching news items is another informative contribution. Those newly contemplating AMEP would be wise to read all that Greeneyedhawk has posted.
But the real company-making PR will be the publication of an experienced petroleum engineer’s hydrocarbon assets report describing the lands leased or owned by AMEP. Everyone knows that the company has valuable drilling rights on over 7000 acres of the Barnett Shale. We know that the Barnett Shale, along with the several other productive strata outlined in Greeneyedhawk’s DD #4 report, has tremendous potential.
Most investors (not day-traders) are understandably cautious about jeopardizing investment funds on apparently speculative penny stocks. But when AMEP’s accessible oil and gas reserves are professionally described, based at first on initial Hart #8 production results, then upon extrapolated strata data from the earlier seismic survey, and other conventional resource asset determination methods, things here are going to change dramatically.
The Hart #8 results will be incontrovertible, whether at a $1,000,000 or a $3,000,000 per year rate (the later is more likely). By the time these early numbers are posted, the second well probably will be deep, if not also in production. Then, those who were previously prompted to calculate the number of wells that might be drilled on 7000 acres on any number of spacings will go back and punch their spreadsheets with a bit more seriousness. With the Hart #8 in production, with one or two other rigs drilling new wells, only the most recalcitrant will be questioning if O&G revenues will be expanding dramatically in the coming months and years.
With the publication of a professional assets assessment, any of the current questions about this investment will be mute. It will be only a matter of how many wells can be drilled in a month or a year. Unlike now, few will be questioning the productivity of AMEP’s lease holdings.
When might such a report be published? I have no idea. Perhaps this summer. Perhaps next fall. Perhaps a year from now. But it will happen. This will allow big-money investment managers to buy into AMEP.
For those who haven’t, go back and read Greeneyedhawk’s DD #4 report. The numbers there are plainly staggering – but well-founded. A professional assets report will affirm these numbers.
Day-traders, AMEP stock buyers who use the hour hand on their watches to guide their buys and sells, will miss the giant gains real investors will enjoy in coming months and years. Those of us who have studied the existing data on AMEP’s assets know today how valuable they are. When the rest of the world reads about them, share prices won’t be in the penny range. In time, AMEP will be a multi-dollar stock, probably listed on the AMEX or another exchange. A great future, for those of us who have the proper, longer-term time frame perspective.
AI
