American Energy Production Inc(fka AENP)

[contractor10940]

Mom2,

The 193 re-entries pertain to Proco in districts 7b/09, the Palo Pinto region ( Palo Pinto, Commanche, Eastland, Taylor and Parker counties). PRI has 7 leases in Medina county district 10, between San Angelo and San Antonio. Water is a concern thru out Texas, due to the 2005/06 drought. Given the hurricane projections for this season, drought conditions may be reversed. CB has made a deal with PP county to aquire water thru a local land owner near the lease properties where current drilling operations are underway.

Leases;

Hart Ranch
097984
109329
113531
117097


Padgett Ranch
041335
066384
091076
096302
096379
041335
090663
090803
091448
101488
102467
159541

AMEP drilling operations will benefit from this deal....IMO

Concerning PRI water situation, nothing terribly negative has been brought to light;

http://weather.chron.com/autoasp/chron/DisplayNWS.asp?file=/wx/data/reservoir/KEWX.reservoir&URL...