AMEP owns two drilling rigs and they are drilling in their own prime Barnett acreage, where a dry hole is highly unlikely. I believe AMEP also has the pipeline already in place to hook-up to. I'm pretty sure we'll be seeing revenue and cash flow before year-end.
What started as a very highly speculative play, has turned less and less speculative as each hurdle has been overcome.
I'm expecting good news this week or next on one of the wells.
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