Replies to post #17804 on American Energy Production Inc(fka AENP)

[Mongo1071]

515 BBl production and about 4787 MCF gas

but, heck don't trust my math, check it out yourself.

given that AMEP and all of it's combined operations lost about 2.1 million in the 1st nine months of the last fiscal year (at least according to AMEP's last Q)and that oil has been running about $55 bbl and gas is about $8.00 MCF...

515 x $55 = $28,325 gross revenue before lease percentages, royalties, limited partnerships, A&O, taxes etc.

4,787 x $8.00 = $38,296 gross revenue before lease percentages, royalties, limited partnerships, A&O, taxes etc.

Total Gross revenue (#679595) = about $67K, benerously figure net revenues at 50% of that and you have $33.5K

Averaged monthly losses for AMEP & Investees

$2,100,000 divided by 9 = $233K net losses per month, and that seems to INCLUDE existing production

Happy to help

Mongrel