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AERN AER Energy Resources Inc (CE)

0.00001
0.00 (0.00%)
26 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
AER Energy Resources Inc (CE) USOTC:AERN OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00001 0.00 00:00:00

AER Energy Resources, Inc. (AERN) Taking Advantage of $100 Oil

23/02/2012 12:30pm

Marketwired


AER Energy Resources (CE) (USOTC:AERN)
Historical Stock Chart


From Dec 2019 to Dec 2024

Click Here for more AER Energy Resources (CE) Charts.

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 they have completed reworking three wells on two of their Texas leases.

A Wall Street Journal Market Watch article, released yesterday after market hours, states that crude oil contracts have hit their highest numbers in almost a year. This benefits AER Energy by being able to profit from reworking active, proven wells that were abandoned in times of low oil prices.

Other companies like Lucas Energy (NYSE: LEI) focus on active but abandoned wells like AER Energy. These wells are usually too small for companies like Chesapeake Energy (NYSE: CHK) or BP (NYSE: BP), but still provide opportunity when oil prices are near the levels they are at presently.

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 IO News Wire twelve 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.

Contact: Eric Jensen www.ionewswire.com 516.942.4910

1 Year AER Energy Resources (CE) Chart

1 Year AER Energy Resources (CE) Chart

1 Month AER Energy Resources (CE) Chart

1 Month AER Energy Resources (CE) Chart