American Energy Production Inc(fka AENP)

[silver1999]

Cambridge Energy is a stooge

Daniel Yergin who is their chief energy guy has been so wrong on the oil market the past 5 years I cannot believe he is still considered an expert. Oil is going to $100. There will be supply disruptions, there will be more chaos in the Middle East and yes the $ is going to fall much further.

It is simply a matter of time only before AMEP follows. Remember, the leases are part of the NAV but there are no reserve estimates yet.

What is taking the firm this long is stabilized production. You cannot have a PR claiming your wells are producing "X" if the wells are not stable and they aren't yet.

They drilled a few great ones from what I hear.Risk vs reward says buy here and watch for the day the upside is re-assesed. That is when the fun starts.