SAN ANTONIO, Texas, June 20, 2002 (PRIMEZONE) -- American Energy Partners, Inc. (OTCBB:AMEP) is pleased to announce the launch of http://www.americanenergypartnersinc.com, the new corporate Website.
The website will empower the financial community with pivotal and pertinent corporate information. All current press releases, SEC filings, business plans, quotes and necessary due diligence will be accessible through the Website. The Website will also feature helpful information about the oil and gas industry.
Charles Bitters, VP President of Operations for American Energy Partners, Inc. stated: "The completion of the American Energy Partners corporate Website is just another step towards providing our shareholders with up-to-the-minute information. Our goal is to also assist potential investors with Due Diligence. We will begin to market the site to the appropriate audience."
About American Energy Partners, Inc. www.americanenergypartnersinc.com
American Energy Partners, Inc. is an Oil and Gas Lease Acquisition Company. The Company will specialize in acquiring oil and gas leases that have potential for increased oil and natural gas production utilizing New Technologies, well workovers and fracture stimulation systems. American Energy Partners, Inc. will acquire oil and gas leases that have proven reserves. The Company will initiate developmental drilling programs to drill new wells on these leases and if successful will add oil and gas reserves to the acquired property. American Energy Partners, Inc. is involved in three areas of oil and gas operations: Leasing Programs, Production Acquisitions and Drilling with new technologies.
American Energy Partners, Inc.'s main objective is to find oil and gas leases with upside potential for enhanced production. The company does this by utilizing the following rules: 1) leases, 2) geology, 3) engineering and 4) mapping from 3-D seismic.
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. Such forward-looking statements involve risk and uncertainties, which may cause the actual results or objects to be materially different from those expressed or implied by such forward-looking statements. Such factors include, among other things, the Company's financial performance, changes in the competitive environment, adverse changes in the economy, ability to maintain long-term relationships with customers and financing requirements.