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Czech

09/13/05 10:23 AM

#1296 RE: Jagman #1295

JAG: I understand that you feel it isn't a buy and hold, but that is ok. You make your point and move on. Not just post and post and post and post your opinions. Others do not only post the otherside as well.

Again having a open dialogue is the key, but not provoke people to retaliate.

Thanks for the understanding. If others want their DD to be ONLY POSITIVE and they want to HOLD fOR LIFE then so be it....if they loose and you win that is great and if you loose and they win that is great too.

This is all gambling so who really knows what the truth is?

RedShoulder

09/13/05 10:31 AM

#1297 RE: Jagman #1295

American Energy Production Inc. Announces 2nd Qtr. Production Revenues for Two Investees
Tuesday August 16, 9:00 am ET

MINERAL WELLS, Texas--(BUSINESS WIRE)--Aug. 16, 2005--American Energy Production Inc. (OTCBB:AMEP - News) announced today the 2nd quarter revenues of its two wholly owned investees, Production Resources Inc. and Bend Arch Petroleum Inc.

American Energy Production Inc. investee, Production Resources Inc., sold approximately 1,274 barrels of oil in the 2nd quarter for total net estimated oil revenue of $63,695.

Bend Arch Petroleum Inc., in the 2nd quarter, sold approximately 3,341 barrels of oil with estimated revenues of $157,090 and natural gas sales of 31,604 MCF with approximate gross revenue of $189,078. Total gross revenues for Bend Arch Petroleum and Production Resources Inc. totaled approximately $409,775 for the 2nd quarter.

"Production revenues for the 2nd quarter were off a little from the 1st quarter due to prices of oil and natural gas in April and May when the oil posted price was only $42.00/bbl., and natural gas spot prices were around $4.50/MCF. Also, the natural gas purchasers had to do maintenance repair work on the gas transportation line and Bend Arch had to shut the oil and gas wells in for almost a week," stated Charles Bitters, president of American Energy Production Inc.

Charles Bitters, also stated, "Oil America Group is within one week of starting its second Limited Drilling Partnership. Joe Christopher, president of Oil America Group Corp. is very excited about the prospects in the 3-well Horizontal Barnett Shale Project."

FYI... %^ greeneyedhawk