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Today's hot alert includes : American Oil & Gas, Inc. (NYSE Amex: AEZ)
American Oil & Gas Announces Participation Agreement for Fetter Field Re-Completion Program
DENVER, CO -- 09/10/09 -- American Oil & Gas, Inc. (NYSE Amex: AEZ | Quote | Chart | News | PowerRating) has entered into a participation agreement with an industry recognized provider of products and services to the international oil and natural gas industry. The agreement covers a re-completion program into the Niobrara formation at American's 53,000 gross acre Fetter field project, located in the Powder River Basin of Wyoming. Under the terms of the agreement, the participating party will pay all costs related to perforating and fracture stimulating the Niobrara formation in up to five existing wells in the field. Preparations for the first well re-completion are underway.
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