America Resources Acquires Texas Oil and Gas Production Assets in the Anadarko Basin

HOUSTON, TX--(Marketwired - July 31, 2015) - America Resources Exploration, Inc. (OTCQB: AREN) ("America Resources" or "the Company") today announced that it has acquired a fractional wellbore interest under one percent in three oil and gas producing wells included in the Begert 38 lease located in Section 38, Block A-1, H&G Survey, A-1075 in Hemphill, Texas.

The wells are operated by Apache Corporation of Texas (NYSE: APA) and have produced a daily average rate of 177 barrels of oil and 4,863 MCF of gas from the Anadarko basin as of data available 6 months prior to April 1^st 2015. Investors may refer to the company's 8-K filing with the SEC for more details about this acquisition.

"This transaction is exemplary of our business plan for more diversification," stated Huang Yu, CEO of America Resources. "We are committed to continuing the expansion of our asset base and building value for our shareholders through both production and new development projects."

About the Anadarko Basin

The Anadarko Basin is a geologic depositional and structural basin centered in the western part of the state of Oklahoma and the Texas Panhandle, and extending into southwestern Kansas and southeastern Colorado. The basin covers an area of 50,000 square miles and holds one of the most prolific natural gas reserves in North America, with ultimate gas production in excess of 100 trillion cubic feet of gas. In 2010, the U.S. Geological Survey estimated that the Anadarko Basin held 27.5 trillion cubic feet of natural gas and 410 million barrels of natural gas liquids as well as 495 million barrels of oil.

About Apache Corporation

Apache Corporation is a publicly traded American independent oil and gas corporation headquartered in Houston, Texas. Apache has become a large multinational company, with regional offices and operations throughout the world. The company's proved reserves at year-end 2010 totaled 2.95 billion barrels of oil equivalent, roughly half oil and half natural gas.

About American ResourcesExploration, Inc.

America Resources Exploration, Inc. is an oil and gas exploration and production company focused on the acquisition of properties in areas with significant oil reserves and drilling potential. The Company's growth strategy includes the acquisition of oil fields from distressed third parties at a substantial discount to value, and development of fields whose potential has not been fully maximized. For more information investors can visit www.america-resources.com