2) Look at the 3 year chart. It shows a lot of price volatility. It also shows that AMEP is no stranger to the currnent price levels and that we are in a long term up trend.
3) Look at this 3 month chart. AMEP has a couple of points in history were it bounced off the 20 MVA and headed higher. It very much looks to be consolidating around the 20 MVA again. I suspect that a lot of technical traders are eyeing AMEP pretty seriously right now. the Friday homing pigeon candle stick adds reassurance that the uptrend should continue by bouncing of the 20 MVA
5) They have a nice informative web site with pictures of "real" hard assets. This is not a 1 person company like the CSJJ toilet I played the other day.
7) They have a couple of different projects meaning we have plenty of opportunity for more great news!
In my opinion AMEP is a solid company. Combined with the fact that it is in a long term uptrend and poised for a short term reversal and I think we have a winner. I'm betting on it!!
Good luck to everyone and of course the do your own due diligence disclaimer is in effect.
posted
I tried to grab some shares with a low-ball offer this am...but missed it. AMEP is getting ready to run IMO.
Posts: 1443 | Registered: Apr 2006
| IP: Logged |
posted
I am in this one for a grand...I'm in the red now but was it last June this bad boy was at .20's pps........I do believe it was! Summer is comming and this stock is goin up......Wish I had more dough to put in this right now!
Posts: 95 | From: IRAQ | Registered: Apr 2006
| IP: Logged |
imakmony2005
unregistered
posted
YEP LOAD UP, YOU KNOW ITS COMING.
IP: Logged |
posted
I'm trying to get in at 0.075.... I'm not very positive about getting in at this level though.
Posts: 191 | From: Ontario, Canada | Registered: Mar 2006
| IP: Logged |
posted May 15, 2006 03:08 PM -------------------------------------------------------------------------------- Time to re-load the boat!!! Its just to cheap.IMO .07s
IP: Logged |
imakmony2005
unregistered
posted
Issues a Morning Alert for American Energy Production Inc 5/18/2006
May 18, 2006 (M2 PRESSWIRE via COMTEX News Network) -- American Energy Production Inc (OTCBB:AMEP), is a company that our research team will be tracking over the ensuing weeks. They recently came out with a significant corporate development, causing a market stir. The BWR Research Team will continue to bring its subscribers cutting edge research tools, and second to none customer service.
American Energy Production Inc a Business Development Company who invests in other companies that acquire, develop, produce, explore, and sell oil and gas this morning announced that their subsidiary, Oil America Group Corporation signed a Letter of Intent with Jacobson Oil Enterprises, LLC to sell and operate the OTIS Subterranean Oil Recovery Pump, a method and apparatus for subterranean oil recovery from water separation, in Texas, Louisiana, Arkansas and New Mexico.
The OTIS Pump is both a method and an apparatus for separating oil from water down hole underground. This eliminates the necessity and expense of hauling salt water to a disposal site. The expense of water disposal is eliminated and the cost of electricity associated with the pumping process in many cases is reduced from hundreds or thousands of dollars per month to $25 to $50 per month. This dramatic cost saving is an opportunity to revive the estimated 500,000 stripper or marginal oil wells in the United States and make the wells more economical to produce.
In 2005 Jacobson Oil Enterprises amassed 26 proprietary patents dealing with the OTIS pump. "This is new oil recovery technology, which was invented to solve a problem. I am very proud of our development team and what they have achieved," said Hank Jacobson President of Jacobson Oil Enterprises.
Joe Christopher, President of Oil America Group Corporation said, "Texas leads the list of states with unplugged and abandoned oil wells and OAGC is in the process of acquiring 20 oil wells in various formations to test the application of the OTIS pump. With thousands of oil wells that are currently non-producing liabilities, Oil America Group has the opportunity to bring this new dynamitic technology to the oil patch at a time oil is trading at historic highs of $75 a barrel. The Company believes the prospect of success is obviously very exciting with the OTIS pump."
Charles Bitters, President of American Energy Production Inc. stated, "We are very excited that Oil America Group Corporation, led by Joe Christopher has located and signed the letter of Intent with Jacobson Oil Enterprises to become involved with the OTIS subterranean oil recovery pump. This gives Oil America Group the opportunity to raise drilling funds for oil and gas partnerships but to also diversify into other fazes of the oil and natural gas industry.
American Energy Production Inc. expects immediate success with this endeavor. American Energy Production Inc shares have been trading on very strong volume over the last few days and still no release of corporate developments. This company is currently trading up just over 5% to $0.084 as investors continue to bat this company back and forth buying and selling on small gains. I feel that the next few months should have a positive affect on the company as energy costs continue to rise with the summer months approaching. With no recent developments this company has the potential to make a big move in the next couple of weeks. The BWR Research Team will continue to follow the market sentiment on this company and numerous others.
To review research on small cap companies like American Energy Production Inc as well as many more exciting articles we encourage you to visit www.bellwetherreport.com. You can find these reports under the "Today's Articles" section. No credit Card Needed!!
The Bellwether Report will continue to research all of the markets to bring you exciting opportunities!! If you are interested in receiving more information on these small or large cap opportunities as well as other features of our site, feel free to sign up for a complimentary subscription to the #1 online investment tool www.bellwetherreport.com.
Companies looking to advertise with Bellwether Report should email jlee*bellwetherreport.com with the subject line (Advertising).
All material herein was prepared by the Bellwetherreport.com, (Bellwether) based upon information believed to be reliable. The information contained herein is not guaranteed by Bellwether to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. Bellwether is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on or mentioned herein. Bellwether may receive compensation in cash or shares from independent third parties or from the companies mentioned.
Bellwether's affiliates, officers, directors and employees may also have bought or may buy the shares discussed in this opinion and may profit in the event those shares rise in value.
Bellwether will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission.
You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and Bellwether undertakes no obligation to update such statements.
M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info*m2.com.
quote:Originally posted by IMAKEMONEY: This has been a great buying op under .06 im in big now. Going up IMHO.
The most telling picture for me on that update is the fourth one down from the top.
The caption reads:
"The nonexistent (also Phantom?) Hart #8 with two brand spanking new storage tanks and separator. Someone must think the well has potential considering the investment."
I work as a surveyor for a fairly large NG company. I have never seen the company I work for place a tank and separator on a well site unless it was capable of producing comercial quantities of NG.
According to the original poster, this picture is of the Hart#8 well as referenced to in the following AMEP PR:
"A unidrolics jet pump assembly was installed on the Bend Arch Petroleum Hart #8 well on May 1st and as soon as storage tanks are delivered the gas well will be put into production. The unidrolics pump will help remove the fracture fluid still to be recovered from the well faster than a conventional pumping unit."
-------------------- One is never completely useless. One can always serve as a bad example. Posts: 2430 | From: CA | Registered: Jun 2005
| IP: Logged |
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
![[Smile]](smile.gif)
