Replies to post #34847 on American Energy Production Inc(fka AENP)

[ctb]

"How will the company pay off the $2 million note if their oil & gas output is dropping?"

Is their total oil and gas output dropping?

[tharmon51]

Ponzi

If you check back to May of 2006, you will see little or no production for the Vivian Murphy well as it was being re-worked. Also, compare the March and April numbers to the June and July and you will see the positive effect their re-work had. It is normal for well production to decrease over time. It is possibly time for another re-work or a re-frac to once again revive the production, but IMO, all of the company's resources have been committed to the new Padgett and Evans-Overstreet wells.