Replies to post #790 on United American Petroleum Corp (UAPC)

[Phatlander]

Looks like UAPC made $400,000+ consulting fees on a deal.
http://www.sec.gov/Archives/edgar/data/1321516/000138713114000744/uapc-8k_022414.htm

[TESLA777]

$UAPC, the company claims on its website to have:

22 Projects (Producing)
Over 7,800 Acres
15 counties
242 wells

http://www.unitedamericanpetroleum.com/index.php/page/texas-operations.html

It looks like UAPC sold its interests in 1 oil lease to another company, which is good, as long as they are making money and reinvesting back into the company, its a good thing. There are plenty of leases out there if the company wants to buy some and rework them...all IMHO

http://www.sec.gov/Archives/edgar/data/1321516/000138713114000744/uapc-8k_022414.htm

[GMTRADES]

From the last 8k, looks like UAPC no longer operates the Duval site (someone needs to update the site map).

Probably needed the 400k for working capital but hope it doesn't have too much of a negative impact on future earnings.