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Heute von maybach financials:

Greeting Members,

Yesterday we issued an update to our members and investors on Ameriwest Energy (OTCBB:AWEC) urging them to keep a keen eye on this rapidly emerging resource play. The company released news of another oil field acquisition at the closing bell on Friday and investors reacted positively to this news on Monday Morning, pushing the share price up by over 13 percent.

As we have said many times before, Ameriwest is quickly establishing itself as a leader in the Wyoming Oil Industry by assembling a world class management team, strategically partnering with some of the most reputable names in the business and consistently adding to its ever growing portfolio of properties.

Today, was no exception to the comment above, as Ameriwest Energy (OTCBB:AWEC) made another incredible move towards expanding their holdings in the Geary Prospect by accepting an offer to acquire an additional 240 acres of land.

Muddy Mineral Exploration, LLC ("Muddy Mineral") has presented the highest bid in auction to the United States Department of the Interior's Bureau of Land Management for the purchase of a 10 year Federal mineral lease on approximately 240 acres of land mainly located within the Area of Mutual Interest ("AMI") identified as the Geary Prospect lands located in Natrona and Converse Counties, Wyoming.

Muddy Mineral had extended an offer of first right of refusal to Ameriwest on an 80% Net Revenue Interest ("NRI") basis subject to the successful issuance of the Federal lease. This offer has been accepted by Ameriwest and upon completion will expand its holding in the Geary Prospect to approximately 3,040 gross acres.

The Geary Prospect is located in the southwestern portion of the Powder River Basin with the main objective based on an up-dip continuation of one of the Dakota sand bars that has already produced in excess of 300,000 barrels of oil from 2 wells. In the immediate area of the Geary Prospect, millions of barrels of Dakota oil have been produced from fields such as; Big Muddy, Salt Creek, Cole Creek, South Cole Creek, Burke Ranch, Burke Ranch East, Glenrock Block A, Midway and Geary Dome.


Our research team is extremely bullish on this emerging resource investment and believe that Ameriwest Energy (OTCBB:AWEC) is a great addition to any investor's portfolio.

Please feel free to email us if you have any questions regarding AWEC or any stocks that you are currently following.


Sincerely,

The Maybach Team
 
aus der Diskussion: Ameriwest: Ölspezialist mit interessantem Geschäftsmodell
Autor (Datum des Eintrages): kurtanton  (27.08.08 20:41:23)
Beitrag: 33 von 38 (ID:34882903)
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