American Energy Production Inc(fka AENP)

[contractor10940]

ctb, if all goes as anticpated, the current numbers will be dwarfed by this series of wells.

LOT only began reporting production in March 07, their numbers are from 7 wells, some producing heavier than others. Could be the new technique they are using, could be a foot of rain they got over the summer, could be alot of things. What ever Renny is doing, its working.

The Padgett 11 is suppose to be a commercial well, the Padgett 12 is suppose to be better than the 11. The Nash Murphy is suppose to be a big winner too, and the Evans Overstreet is in gas alley. Interesting thing about the Evans Overstreet well, the fields (resevoirs) permitted for are almost all virgin fields.

5 years of struggling looks to be a thing of the past.

One other thing, the "note", anyone who has deducted their home mortgage interest off their taxes knows the note is necessary, especially if there isnt any other bank debt. The "note" is a deduction, all businesses need deductions.