American Energy Production Inc(fka AENP)

[mom2jbk]

Thanks GEH for your informative response. Your views are sincerely appreciated and highly respected.

The point about NG is like icing on the cake. A big part of AMEP's revenues are natural gas (NG) and if truth be known, NG could be a much bigger problem moving ahead.

In the short term, increasing demand for NG is going directly in the face of diminishing supplies from both domestic production and from some imports, such as Canada. Canada's may have to cut back its NG supplies to the US just to support its increasing NG requirements for the oil sands.

In the longer term, we have problems looming with importing NG due to cost escalation and litigation in building liquefied natural gas terminals. Just recently 2 majors canceled projects.

Thanks for pointing that out.



Thanks again.