Replies to post #3069 on American Energy Production Inc(fka AENP)

[bulldogbuddy3]

Gateway

Here is some info about the Barnett Shale that was pr by MVOG.

The company expects to initiate drilling activities during the first quarter of 2006 and pending positive early results should have a development plan in place and being executed by mid-2006.

The company also announced that the first well drilled in its Barnett Shale holdings, the Pauline Cook #1 well has been fracture stimulated and commenced producing to sales on September 2, 2005 and is currently producing at approximately 500MCFD while still cleaning up post stimulation. This well was drilled on this approximate 1,942 acre leasehold in which the Company has a 50% WI and (31.25% NRI) and where a further 11 development wells could be drilled in the future, if warranted.

Additionally in the Barnett Shale, the first well drilled on acreage in which the Company has a 25% WI (15.625% NRI), the G.B. Portwood GU A-1 has been drilled and production casing set. The well will be fracture stimulated as soon as equipment is available. This well is located on a portion of this approximate 10,400 acre leasehold position on which a further 65 wells could be drilled in the future, if warranted.

[RedCloud]

Please don't PM me with crap like this Gateway. This is a statement that only someone who has not done their DD would post and obviously you don't know anything about the Barnett Shale.



Posted by: Gateway_Stocks
In reply to: RedCloudPaint who wrote msg# 3067
Date:11/4/2005 9:04:51 AM
Post #of 3071

I just hope this Barnett Shale hype doesn't turn out to be like the old Austin Chaulk plays back in the 80's

[RedCloud]

Gateway... It was not a PM but, the statement is still rediculous.