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Author Topic: AMEP oil gas play - raising oil and gas prices
bingo2004
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Should help this one out as it increases production

gl all
bingo


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bingo2004
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Green on higher than normal volume

DD -Start here

Anyone else have DD on this one?
http://www.americanenergyproduction.com/


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blue_in_MI
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heh, i suspect you and i think alike bingo - this one has been on my close-watch list for awhile. i'm not quite ready to jump in yet, but maybe very soon.

classic beauty of a breakout by ALMI lately, eh? what are you a-holdin' or a-foldin'? i got out, then started getting back in with 20% positions added at .29 and .285 yesterday, will add another 20% for every penny it drops from there, if any.

alos been watching IESV lately, i know we were both in that for awhile. i still hold a little, have been trying to gauge support in .04-.045 range over the last few weeks. if it hits .043 i'm in for a little more, and if it it drops to .04 i'm in for a decent amount more. i think it may have finally found a bottom after an amazingly long and steady decline, but i don't have great confidence yet. any thoughts?

nice play you had on FRCP btw - have been watching but always seemed to be just a little too late to get in.

any others you are liking these days? any thoughts on AMHI bottom support?


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glassman
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AMEP is AMERICAN OIL good thing to be suppporting IMO.....
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SCinFL
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Glassman is this a long for you?
I bought in a few weeks back, with increasing revs looks at least midterm to me.

Sarah


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glassman
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as long as penny can be....
it's on the top of my watchlist, i have some and plan to buy a lot more as it moves up ---i will take some profits and trade for "free" shares as we go...

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STAR GAZER
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Topic: AMEP additive increases oil well output
STAR GAZER
Member posted December 16, 2003 04:01
---------------------------------------------
AMEP American Energy Production (.090/share) on 25 Sept 03 signed exclusive distribution agreement with Natures Path LLC to distribute the heavy oil additve AMEP (hence their name) They also started negotiations to buy a 1,500 acre oil property in Texas that has 2.2 million barrels of heavy oil. It has 193 wells on the property. If the additive works, then the property will be worth much more than its present valuation. They have tested the additive on two wells that for the last 10 years have been producing between 1/2 to 1 barrel of oil a day. After adding the additive, the first well started producing 10 bbl/day and the 2nd one 12 bbl/day. Not only that, but it removed the sulfer content from the oil and the oil grade improved from being labled sour crude to sweet crude. On Dec 11th the sale was finalized and today over 7 million shares traded. A large amount for this stock. It has 63.5 million shares.
In a years time it has climbed from .02 to
.10 The company is also acquiring other heavy
oil fields. With the distribution agreement and with their actual real life use of the additive plus their growing land portfolio, now seems like a good time to buy the shares.

It's gone down in price, but seems like it may be an even better company than it was at .09 and as stated above, it's been bouncing between .02 & .10 so now would be the time to buy some.

[This message has been edited by STAR GAZER (edited October 03, 2004).]


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STAR GAZER
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AMERICAN ENERGY PRODUCTION INC
Daily Commentary ************* candlestick chart evaluation

Our system posted a BUY-IF today. The previous SELL recommendation that was confirmed was made on 08.30.2004 (34) days ago, when the stock price was 0.0410. Since then AMEP has fallen -36.59% .

0.0260
+0.0035 +15.56%

Candlestick Analysis
Today’s Candlestick Patterns:

Long White Candlestick
Bullish Morning Star

Today a Long White Candlestick was formed. This shows that the prices advanced significantly from open to close during the day under strong buying pressure.

The last three candlesticks formed a Bullish Morning Star Pattern . This is a bullish reversal pattern that marks a potential change in trend. Though it is highly reliable confirmation is still recommended.



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BT
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Volume never rises above 10 million.
Average volume is near 2 million. I rarely invest in penny stocks that have less then 40 million in volume. ( always remember, there has to be a buyer for every stock you sell so chances are you might not be able to sell it and could possibly get stuck with it )

Fridays volume was 3,470,400. That means only $69,000 going through it. That could be 2 or 3 MM's alone.

RSI is at 40 which means slightly overbought.

[This message has been edited by 1BigTip (edited October 03, 2004).]


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WinsumLosesum
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American Energy Production Inc     (OTC BB: AMEP) Last Update: 12:36:00 PM ET Oct 4, 2004  
 
American Energy Production Inc. Forms New Investment Subsidiary

MINERAL WELLS, Texas, Oct 4, 2004 (BUSINESS WIRE) -- American Energy Production, Inc. (AMEP) announced today it has begun the process of forming a new subsidiary. Strategic Investments Fund Inc. (pending verification of name) which will become a wholly owned subsidiary of American Energy Production Inc.

Strategic Investments Fund Inc.'s purpose will be to invest in commodities such as oil and natural gas that the Company can hedge against its current oil and natural gas production of it two wholly owned subsidiaries Bend Arch Petroleum Inc. and Production Resources Inc.

The Company will take advantage of the volatility in the world oil and natural gas markets. The fund will also be able to profit from any future price swings in oil and natural gas. As with any investments these results cannot be guaranteed however, Strategic Investments Fund Inc. will have consultants with years of experience to manage and invest at the appropriate times.

Charles Bitters, President of American Energy Production Inc. stated, "Along with our aggressive plans to drill and complete as many oil and natural gas wells as possible in the next few years to take advantage of these high oil and natural gas prices, we feel this is a important step in utilizing all of our assets by forming an Investment Company."

About American Energy Production, Inc.:

AMEP was founded in 2000 and in 2003 upon the acquisition of certain oil and gas assets, the company entered a new development stage becoming a Business Development Company in January 2004. Activities during this stage include acquisition of subsidiaries, additional assets, developing and implementing a plan to extract oil and gas, acquiring certain rights to and utilizing an oil recovery additive, completing initial sales of oil and gas, and raising capital. The company has determined that its operating model best approximates that of an investment company and intends to make investments into developing businesses in oil and gas related industries. Please see www.americanenergyproduction.com.

ABOUT CFSG:

Consulting For Strategic Growth I, Ltd. takes the position of Corporate Development Consultant with public and private companies. Working side by side with management, CFSG assists client companies in exposing their story to the Wall Street community. This is accomplished through the use of Executive Summaries, Corporate Profiles, Fact Sheets, CEO Interviews, Research Reports, Position Papers, one-on-one cluster group meetings, in addition to presentations to CFSG's database of quality volume investors.

Consulting For Strategic Growth I, Ltd. ("CFSG") has a July 7, 2004 agreement with AMEP to provide consulting, business advisory, investor relations, public relations and corporate development services to the Company for an initial six-month period. In connection with these services, CFSG prepares press releases, corporate profiles, and other publications on behalf of and regarding the Company. In accordance with this agreement, AMEP pays a cash retainer and issues shares of common stock and warrants each month for these services. Independent of CFSG's receipt of stock compensation, CFSG may choose to purchase the common stock of the company and thereafter liquidate those securities at any time it deems appropriate to do so.

To request additional information about the company or to schedule an upcoming meeting in New York please contact Ms. Meryl Orshan of CFSG at 1-800-625-2236.


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bingo2004
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Welcome everyone -
Glad to see some familiar names

News out today - 1-/24/04

With oil and gas prices raising for the winter this will help AMEP profits

AMEP News Forms New Investment Subsidiary
Monday October 4, 12:36 pm ET


MINERAL WELLS, Texas--(BUSINESS WIRE)--Oct. 4, 2004--American Energy Production, Inc. (OTCBB:AMEP - News) announced today it has begun the process of forming a new subsidiary. Strategic Investments Fund Inc. (pending verification of name) which will become a wholly owned subsidiary of American Energy Production Inc.
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Strategic Investments Fund Inc.'s purpose will be to invest in commodities such as oil and natural gas that the Company can hedge against its current oil and natural gas production of it two wholly owned subsidiaries Bend Arch Petroleum Inc. and Production Resources Inc.

The Company will take advantage of the volatility in the world oil and natural gas markets. The fund will also be able to profit from any future price swings in oil and natural gas. As with any investments these results cannot be guaranteed however, Strategic Investments Fund Inc. will have consultants with years of experience to manage and invest at the appropriate times


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bingo2004
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Very nice volume today

Green Day : )

GL ALL
Bingo


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bingo2004
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Star/ others

What is AMEP HOA-800 ?

Sounds good
Thanks


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bingo2004
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AMEP 3QT should look good

American Energy Production Inc. subsidiary, Production Resources Inc., sold 1501 barrels of oil in July and August for total net oil revenue of $46,397.

Bend Arch Petroleum Inc. in July and August sold 4598 barrels of oil and 12,598 MCF of natural gas for approximate total gross revenue of $268,000. Total approximate gross revenues in these two months for Bend Arch Petroleum Inc. and Production Resources Inc. totaled $314,000.

Charles Bitters, President of American Energy Production Inc. stated, "Oil and gas revenues so far in the 3rd quarter increased by approximately 229% over revenues from the entire 2nd quarter with September production still to be added. We are very pleased with the production revenue showing significant incremental increased since the quarter ending December of 2003, when the Company had total production revenues of $6600; followed by approximately $60,000 in the 1st quarter of 2004, $143,000 in the 2nd quarter and now $314,000 for the first two months of the 3rd quarter this year."
http://www.americanenergyproduction.com/PR-04-09-08.html


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WinsumLosesum
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American Energy Production Inc     (OTC BB: AMEP) Last Update: 10:50:00 AM ET Oct 6, 2004  
 
American Energy Production Inc. Subsidiary Bend Arch Petroleum Inc. Buys Well Service Unit

MINERAL WELLS, Texas, Oct 6, 2004 (BUSINESS WIRE) -- American Energy Production Inc.(AMEP) announced today its wholly owned subsidiary Bend Arch Petroleum Inc. purchased a Crane Carrier Well Servicing Unit.

Charles Bitters, President of American Energy Production Inc., stated, "With the purchase of a portable well servicing rig, Bend Arch Petroleum Inc. can immediately work on oil and natural gas wells and not have to depend on well servicing contractors. This well servicing unit has a hydraulically raised derrick and can be on location and ready to work in a matter of minutes. The first application of this well servicing unit is on the recently purchased 10 natural gas wells in Western Palo Pinto County."

The world oil market continues to make new highs over $50.00/barrel and the natural gas market for November and December looks to yield prices between $7.00 to $10.00 per 1,000 cubic feet, making the economics of producing even marginal wells very promising.

With Bend Arch Petroleum Inc. owning its own equipment and being self-sufficient, the Company will aggressively search for more oil and natural gas producing properties and continue developing the 8,000 acres of Barnett Shale natural gas properties already acquired.

About American Energy Production, Inc.:

AMEP was founded in 2000 and in 2003 upon the acquisition of certain oil and gas assets, the company entered a new development stage becoming a Business Development Company in January 2004. Activities during this stage include acquisition of subsidiaries, additional assets, developing and implementing a plan to extract oil and gas, acquiring certain rights to and utilizing an oil recovery additive, completing initial sales of oil and gas, and raising capital. The company has determined that its operating model best approximates that of an investment company and intends to make investments into developing businesses in oil and gas related industries. Please see www.americanenergyproduction.com


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WinsumLosesum
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American Energy Production Inc     (OTC BB: AMEP) Last Update: 12:19:00 PM ET Oct 6, 2004  
 
American Energy Production Inc. Files 8-K Regarding Change in Board of Directors

MINERAL WELLS, Texas, Oct 6, 2004 (BUSINESS WIRE) -- American Energy Production, Inc. (AMEP) today announced the appointment of Shane H. Traveller to the Company's Board of Directors and the resignation of Tom Baker as Independent Director. Full details can be found in a Current Report on Form 8-K filed with the Securities and Exchange Commission on October 5, 2004.

Mr. Traveller brings an extensive background in service to public companies both as an independent auditor, then later as an officer and director. He is a licensed CPA and sits on the board of directors of four other public companies where he serves as chairman of the audit committees. Mr. Traveller has served in positions ranging from CFO, President and COO of both private and publicly traded companies. As a consultant and independent auditor, Mr. Traveller has been closely involved in the development and implementation of internal controls, management of staff, preparation and filing of countless financial statements and SEC filings. He has led clients through IPOs and secondary offerings, private placements, mergers and acquisitions.

Mr. Baker had no disagreements with the Company on any matters related to the Company's operations, policies or practices.

Charles Bitters, Chairman and Chief Executive Officer of American Energy Production, commented, "We are pleased to have Mr. Traveller come aboard as Independent Director, and look forward to making use of his comprehensive background in investment company management, particularly at a time when the Company is forming a new subsidiary, Strategic Investments Fund Inc, and broadening the appeal of its investment fund. With his experience in accounting, finance, operations, and overall corporate governance, we firmly believe that Mr. Traveller will make significant contributions to the future success of the Company as it builds a strong investment portfolio.

"We appreciate the service that Mr. Baker has given to the Company and wish him luck in his future endeavors," added Mr. Bitters.


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L Cypher
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There've been mostly large green buys at the ask on this the past couple of days. I just got back in. Anyone else watching this recently?
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