VLF PHONE CONVERSATION WITH CEO OF AAPH
Of course when talking to someone in the......
position of authority....90 % of every question couldnt be
answered due to either insider info or sensitive info.
So rather than post questions and answers...I will shorten it
down to what we could talk about....and what is important to us.
Let me start by saying this CEO is sharp. He knows his business...
and being a former Ceo myself we traded business pleasentries that
created a welcomed casual conversation. The connections he has are
endless...and "who you know" will greatly expidite things quickly.
On the subject of the Kansas Operation...there was never a doubt that
the Acqui. wouldnt come to fruition. Even as far as stating goals with what they
have have already confirmed...this venture will put them into a solid Oil
Producing position collecting a minimum 10,000 BPD by end of year,
and 15,000 BPD by 2nd Quarter 2014, and 25K BPD by 2015.
Hang on....it gets better.....
The entire process is so much bigger than what we think it is. The way Im understanding this is the end result is to pipe out directly into Oil buyers like Sunoco and link into their pipe lines working as partners rather than AAPH acting as an individual seller. If/when this happens...the BPD will double...possibly even triple working as partners.
There is also another 12,000 acre project...that if all goes well with the partnership
with Oil Companies like Sunoco...that will come to acquired also which would give
AAPH over 150 oil producing wells. Keep in mind...with this recent Acqui...there are
already many wells producing....I cant want to see the next Q !!!
A no nonsense...straight forward outlook on goals from now into 2014.
Im not saying merger or buyout. Im connecting dots for their future goals being
put forward as we speak. Ill let them speak for themselves and explain the
endeavor as News comes....
Sounds like they may be more than just sellers to Sunoco. May end up
a joint venture in the near future...as the funding will be used as needed.
It gave me the impression that Sunoco or whoever they are partnering
with...will fund much of the pipeline operation...and AAPH got the $5M
for their part. If you read the funding fine print...you can understand this
was all taken into account ahead...and any money to be issued to AAPH is to
be taken "as needed.....and as much that is needed".
Of course he couldnt say when....but News will come soon.
Hope this helps....
VLF
LOAD'EM UP!!!!!
