Value Microcaps Junior Energy

[kipp440]

AEZ - Wunderlich starts American Oil & Gas (AEZ) at buy, believing
it's a stealth way to play on potential drilling in Bakken/Three Forks acreage.
AEZ will likely begin drilling in the next few weeks. "The company has been
able to build a strong prospective acreage position in Williston Basin and
should soon begin to drill on the play to potentially unlock its value," writes
firm. Adds it expects AEZ to pick up a partner by year-end to lower initial
drilling costs. Adds AEZ's Bigfoot shallow gas play could be substantial, with
multiple wells drilled in 2010. AEZ up 8.8% premarket at $3.70. (AMC)