American Energy Production Inc(fka AENP)

[RedShoulder]

Dave, after the PR saying that they would be in production with the Nash-Murphy #1 the next week, was not followed up with another PR, several other longs and I called and asked for clarification regarding 'production' as stated in the PR.

We were all told that the PR was correct, that there was indeed intermitten gas (and IMO likely some condensate oil too based on the off-set wells) going into production and the pipeline, after going through the separator to remove the water; but that the well had not stabilized yet and was still throwing out frac water along with periods of gas pockets. I believe they are making final depth adjustments and final swabbing with the big PROCO operated workover rig to stabilize and maximize the production. This is the standard operating procedure.

GLTY Dave,
...hawk