Breakout Stock American Exploration (OTCBB: AEXP) leads the stocks to watch on our breakout stocks list at Wall Street Grand. Wall Street Grand LLC, a leader in Investor Relations in the small-cap arena, is pleased to announce to the investment community and Wall Street Grand club members it’s coverage on American Exploration trading on the Bulletin Board under the symbol OTCBB: AEXP. American Exploration is showing a bullish trend and is poised to take off this morning. To view Wall Street Grand’s report on AEXP please visit the featured stocks section on http://www.wallstreetgrand.com/ and don’t forget to sign up to our winning stock newsletter.
American Exploration is engaged in the exploration and development of oil and gas prospects with the potential for discovery of new or unconventional hydrocarbon resource in the U.S. AEXP is currently pursuing an initial natural gas prospect located in the Gulf Coast Salt Basin trend. This prospect has been selected based on numerous factors assessed by independent geologists, the Company’s management team and proprietary historical data gained by the Company.
Some recent facts on American Exploration that will catch your attention are that AEXP captured strategic land positions in new high impact areas. In fact, AEXP controls 5,000 acres in the most prolific gas field in the United States (this property was assessed to potentially contain 2 trillion cubic feet of gas).
Lastly, American Exploration recently received a shale gas analysis completed by Schlumberger, evaluating the total gas in place within the Haynesville Formation (Shale) in the mineral leases held by the company in Mississippi. From existing well data, the assessment confirms similar reservoir attributes to the Haynesville Shale of northwestern Louisiana and demonstrates estimated gas in place of at least 300Bcf / section.
Make sure to read the full press release - http://finance.yahoo.com/news/Schlumberger-Report-prnews-3714149824.html?x=0&.v=1 .
In fact, the Haynesville shale is now widely recognized as the 4th largest gas field in the world.
Do your due diligence on American Exploration today as I see AEXP poised for big gains in the near future. Start your research right away.
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Safe Harbor
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act") including 2009 growth, revenue for the second quarter and year of 2009 and gross margin for the second quarter and year of 2009. Additionally, words such as "seek," "intend," "believe," "plan," "estimate," "expect," "anticipate" and other similar expressions are forward-looking statements within the meaning of the Act. Some or all of the events or results anticipated by these forward-looking statements may not occur. Factors that could cause or contribute to such differences include the impact of intense competition, the continuation or worsening of current economic conditions and the condition of the domestic and global credit and capital markets.
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Wall Street Grand's stock profiles are intended to be stock ideas, NOT recommendations. Please do your own research before investing. It is crucial that you at least look at current SEC filings and read the latest press releases. Information contained in this profile was extracted from current documents filed with the SEC, the company web site and other publicly available sources deemed reliable. The purpose of this advertisement, like any advertising, is to provide coverage and awareness for the company. Wall Street Grand has been compensated Forty Thousand dollars by a third party for an Investor Relations contract for AEXP. Never invest into a stock we discuss unless you are prepared to lose your entire investment. WSG may or may not trade the stocks mentioned in this alert which can affect the price of the stock. The information provided in this advertisement is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation or which would subject us to any registration requirement within such jurisdiction or country. For our full disclosure please visit - http://www.wallstreetgrand.com/disclosure.html
