Replies to post #13675 on American Energy Production Inc(fka AENP)

[sumaria]

I live in Wise County and you can not look anywhere without seeing gas wells, thousands of them. They have been going up around me for over fifteen years and brand new ones all the time.

[MPDanford]

Hawk, thanks for pointing this out!
You are often a step ahead of the pack at putting pieces of this puzzle together. This situation raises some interesting possibilities for future developments. Definitely having our own rigs makes AMEP a much different player than they were without the rigs. If they have their hands full completing the wells they have recently drilled, it makes sense to put those rigs to work somewhere else that they could be "turning to the right". Whether it is just to do some drilling or some other cooperative effort, it sounds like there is something for CB to be talking about. This is what hawk had posted:
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Posted by: greeneyedhawk
In reply to: greeneyedhawk who wrote msg# 13674
Date:11/17/2006 12:22:13 PM
Post #of 13726

My reply concering Wise County, in the heart of the legendary core Newark East Field:

"there are some people north of Mineral up in Wise county gots some land with that ole Barnett Shale under it that wants to have some drilling done, wonder if we might roust up a rig while we are there. You know that Devon gots a lot of wells up there.
Boss come to think of it your property up in Wise county got that ole Barnett Shale under it too I guess you was pretty lucky buying that land when you did."

manitou, your dog let the cat out of the bag with that post. If AMEP takes the Wise Co offer, it will have a sweet spot in the legendary Newark East Field, the core area of the Barnett Shale.

I'm looking at a geological map of the Newark East Field, it shows Wise County as having about 1/2 the field, with about 1/4 in Denton to the East, and 1/4 to Tarrant to the South, the North East corner of Parker County cathes a small percentage of the field too. On another map showing the distribution of dry gas, and gas with the high grade condensate oil, shows 90% Wise as being in the gas with condensate oil window (as well as AMEP's leases in the Counties of Palo Pinto 90%, Parker 100%, and Commanche 80%).

Good luck with your property in Wise County, in the heart of the Newark East Field, .....you lucky dog. If that deal goes through, it won't hurt your AMEP share holding either. Talk about having your cake and eating it too, lol.

Manitou,
Good luck with your Wise County land and AMEP stock,
...hawk