latest news releases from the newsroom
Money Maker's Monthly
TeleWrx Explosive Launch May Set New Records
LOS ANGELES, June 25, 2002 (PRIMEZONE) -- On Saturday June 22, 2002, TeleWrx, Inc. (OTCBB:CVRG) held its National Launch at the Dorothy Chandler Pavilion in downtown Los Angeles. Money Maker's Monthly has covered hundreds of these launches in the last 17 years. It appears that TeleWrx is poised to set new records in company growth.
American Energy Production Inc.
American Energy Partners Inc. Announces First Oil and Gas Lease Acquisition
SAN ANTONIO, Texas, June 25, 2002 (PRIMEZONE) -- American Energy Partners Inc. (OTCBB:AMEP) announces the Company has placed in escrow with the Corporation Lawyer the acquisition agreement with Proco Operating Co. Inc., a Texas oil and gas operator. This escrow agreement is the final stage of negotiation for American Energy Partners Inc. to acquire all of Proco Operating Co. Inc.'s oil and gas leases and related oilfield equipment. These oil and gas leases cover 3,000 plus acres and have a long history of production from several producing horizons. The Marble Falls formation on this lease has proven recoverable oil reserves of 2,4000,000 barrels of oil and 3 billion cubic feet of natural gas. Proco Operating Co. Inc. will become a wholly owned subsidiary of American Energy Partners Inc.