Message #27 From:
Stock News Bot Date: September 18, 2007 11:48:36 AM
American Energy Production Inc. Announces Stock Symbol Change and Effective Date of Reverse Stock Split
American Energy Production Inc. (the
"Company") (OTCBB: AENP) announced today that all of the required steps
have been completed for the previously announced 1 for 25 reverse stock
split of its common stock. In connection with the reverse stock split the
Company has been assigned a new stock symbol. The Company's shares were
previously quoted on the OTC Bulletin Board under the stock symbol AMEP and
are now reported on the OTC Bulletin Board under the new stock symbol AENP.
The new stock symbol and the reverse stock split are effective at the
beginning of trading on September 14, 2007 9:30 AM Eastern time.
American Energy Production Inc. is a publicly traded oil and gas company
that is engaged primarily in the acquiring, developing, producing,
exploring and selling of oil and natural gas. The Company traditionally has
acquired oil and gas companies that have the potential for increased oil
and natural gas production utilizing new technologies, well workovers and
fracture stimulation systems. Additionally, the Company has expanded its
scope of business to include the drilling of new wells with its own
equipment through its wholly owned subsidiary companies. Additional
information may be found at its corporate web site,
www.americanenergyproduction.com.
Certain statements in this announcement and inferences derived therefrom
may be regarded as "forward-looking statements" within the meaning of the
Securities Exchange Act of 1934, as amended. These forward-looking
statements are based on the opinions and estimates of management at the
time the statements are made. Management's current view and plans, however,
are subject to numerous known and unknown risks, uncertainties and other
factors that may cause the actual results, performance, timing or
achievements of the Company to be materially different from any results,
performance, timing or achievements expressed or implied by such
forward-looking statements. The various uncertainties, variables, and other
risks include those discussed in detail in the Company's SEC filings,
including the Annual Report on Form 10-K filed on April 2, 2007. The
Company undertakes no duty to update or revise any forward-looking
statements. Actual results may vary materially.
