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Friday, 05/27/2005 12:33:49 PM

Friday, May 27, 2005 12:33:49 PM

Post# of 4980013
amep news

Press Release Source: American Energy Production Inc.

American Energy Production Inc. Announces Re-Entry of Barnett Shale Well on 12 Well Bend Arch Petroleum Inc. Project
Friday May 27, 12:16 pm ET

MINERAL WELLS, Texas--(BUSINESS WIRE)--May 27, 2005--American Energy Production Inc. (OTCBB:AMEP - News) announced today its wholly-owned investee Bend Arch Petroleum Inc. is re-entering another well, the Nash 1-C in the Barnett Shale formation located on its 12 well Palo Pinto Project.

Charles Bitters, President of American Energy Production Inc. stated, "This well is close to the Barnett Shale oil and gas well on the 12 well project that has produced approximately 15,000 barrels of oil and 45 million cubic feet of natural gas since July of 2004. Though production rates have not been established, the Nash 1-C well also shows signs it will produce both oil and gas."

Bend Arch Petroleum Inc. will install a Uni-draulics jet pump on this well instead of a conventional pumping unit. The idea is to move more oil and produced water from the wells bore faster and more efficiently to achieve a greater flow of oil and natural gas. Bend Arch employees will work throughout the Memorial Day weekend to finish installing this equipment. More details will be announced as to the status of the Nash 1-C well as soon as management has results. To view a current picture of the workover rig on the Nash 1-C well please follow this Link.

http://www.americanenergyproduction.com/projects_1.html

Scroll down where you'll see Nash Well Barnett Shall Re-entry.

Charles Bitters, President of American Energy Production Inc. stated, "Bend Arch Petroleum Inc. has accumulated over 7,000 acres of leases that have potential Barnett Shale production. Bend Arch Petroleum Inc. and Oil America Group Inc. of Dallas, another 100% owned investee of AMEP plan to offer drilling partnerships to potential investors to drill Barnett Shale wells on the above mentioned properties in the near future. For more information contact Joe Christopher at Oil America Group Inc."

Statements contained in this release, which are not historical facts, may be considered "forward-looking statements" and are based on current expectations and the current economic environment. We caution the reader that such forward-looking statements are not guarantees of future performance, Unknown risk, uncertainties, as well as other uncontrollable or unknown factors could cause actual results to materially differ from the result, performance, or expectations expressed or implied by such forward-looking statements
Contact:

American Energy Production Inc.
Charles Bitters, 210-410-8158
www.americanenergyproduction.com
or
Oil America Group Inc.
Joe Christopher, 972-386-0601
jchristopher@oilamericagroup.com
www.oilamericagroup.com


Source: American Energy Production Inc.
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