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SmallCapNewsRelease:(OTC: AERN) Has Reworked Three Wells In Texas

Wed, 22 Feb 2012 14:48:03 EST

JERICHO, NY, February 22, 2012, AER Energy Resources, Inc. (PINKSHEETS: AERN) a diversified holding company with an emphasis on oil and gas exploration, drilling, well completion and fuel distribution announced today that they have successfully completed reworking the three secondary recovery wells at their Copeland and South Wade leases in Texas.
 
AER anticipates $250,000 in additional annual revenues from the six reworked wells and up to $1,000,000 annually from the four new production wells to be drilled in the second quarter of this year.
 
Last week, AER Energy announced they had successfully acquired three Oklahoma oil and gas leases from Fort Worth, Texas based Texas Energy, Inc.
 
To view the entire press release, please visit http://finance.yahoo.com/news/AERN-Completes-Well-Reworks-iw-312569948.html?x=0
 
SmallCapNewsRelease gainers are TOP Ships Inc. (NASDAQ: TOPS) Noah Holdings Ltd. (NASDAQ: NOAH) HealthStream, Inc. (NASDAQ: HSTM) Sourcefire, Inc. (NASDAQ: FIRE) KongZhong Corporation (NASDAQ: KONG) The Hackett Group, Inc. (NASDAQ: HCKT) Plumas Bancorp (NASDAQ: PLBC) LoJack Corporation (NASDAQ: LOJN)
 
SmallCapNewsRelease decliners are Central European Media (NASDAQ: CETV) Agria Corporation American (NYSE: GRO) Mattson Technology (NASDAQ: MTSN) ATRION Corp (NASDAQ: ATRI) Newfield Exploration (NYSE: NFX) TSR, Inc. (NASDAQ: TSRI) Flagstone Reinsurance (NYSE: FSR) FreeSeas Inc. (NASDAQ: FREE)
 
Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. A third party has hired and paid SmallCapNewsRelease one thousand two hundred and ninety five dollars for the publication and circulation of this news release. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. We have no ownership of equity, no representation do no trading of any kind and send no Faxes or emails.


Source: WebWire

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