American Energy Production Inc(fka AENP)

[mrditbme]

Currently AMEP is trading below book value IMO as the Barnett lease holdings were not included in the most recent NAV assessment. With several wells both new and reworked in development an as of yet not being PR'ed the MM and their cohorts have had gains in their actions to lower the PPS. This has caused better value for new money going in and insecurity for some who are currently invested. However this temp. condition does not change the fundamental condition of the company which I deem both very attractive and bullish going forward.