CARSON CITY, Nev., March 29 /PRNewswire-FirstCall/ -- America Asia Petroleum (OTC Pink Sheets: AAPM), announced today that it has signed a definitive agreement to acquire a publicly traded shell and has begun trading under its own name on the OTC Pink Sheets under the symbol AAPM. America Asia Petroleum America is an energy company that specializes in extracting crude oil from shale rock using its proprietary patented technology and has offices in USA and China. The company presently operates an oil refinery in China. The company also operates a project management company.