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Monday, 03/19/2007 9:41:48 AM

Monday, March 19, 2007 9:41:48 AM

Post# of 33904
News recap:
Our cutting-edge enhanced recovery technology can take abandoned fields and restore production. NAEG aggressively pursues any oil property that has been selected through its screening process. The company is currently enhancing and reactivating many of the abandoned and previously shut-in oil & gas wells on and around the Fort Peck Reservation in the Williston Basin from the Company's portfolio of historically producing wells, in a process that can be duplicated across the state or the country.

The NAEG business model also encompasses future expansion into the exploration and development of new properties which shall include new drilling programs and additional oil & gas recovery programs in other areas, such as the very prolific Bakken Formation on which NAEG has also acquired several leases. The U.S Energy Department has called the Bakken Formation the highest-producing onshore field found in the lower 48 states in the past 56 years.

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