American Energy Partners Inc (AEPT)

[docrew0]

Plan of Operation

Plan of Operation
"We have begun design and development of the 100 bbd plant and has a target date for completion of 4th quarter 2007. The budgetary cost of completing the plant is $2.5 million which will be financed via a combination of debt and equity."

"Once the finance is complete the project completion time will be approximately 1.5 years from ground breaking to completion."

If W2 has published something elsewhere it doesn't come to mind at the moment? Something on this topic may have been said in one of the last radio interviews and I thought they were shooting for February as a construction start time but I'm not sure. I take it from the ABB contract that the financing should have been completed by now.

Also we can safely say the Drexel project is wrapping up now, they "may" publish some results. The completion of the design aspects needed to be completed before the fulfillment of the ABB contract for budgeting. Hey what can W2 tell us other than it was successful? The last we heard from McLaren was everything was on track or something to that effect.