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American Energy Development Corporation (CE)

American Energy Development Corporation (CE) (AEDC)

0.000001
0.00
(0.00%)
Closed March 28 04:00PM

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Key stats and details

Current Price
0.000001
Bid
0.00
Ask
0.00
Volume
-
0.00 Day's Range 0.00
0.000001 52 Week Range 0.000001
Previous Close
0.000001
Open
-
Last Trade
Last Trade Time
Average Volume (3m)
1,600
Financial Volume
-
VWAP
-

AEDC Latest News

No news to show yet.
PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
10000000CS
4001.0E-61.0E-61.0E-616001.0E-6CS
12001.0E-61.0E-61.0E-616001.0E-6CS
26001.0E-61.0E-61.0E-616001.0E-6CS
52001.0E-61.0E-61.0E-621791.0E-6CS
156-0.009999-99.990.010.0151.0E-6224470.00193879CS
260001.0E-60.0351.0E-6758560.00639368CS

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AEDC Discussion

View Posts
Renee Renee 7 years ago
AEDC SEC Suspension:

https://www.sec.gov/litigation/suspensions/2016/34-79572.pdf

Order:

https://www.sec.gov/litigation/suspensions/2016/34-79572-o.pdf


Excerpt:

The Commission temporarily suspended trading in the securities of AEDC because of, among other things, questions regarding the accuracy of statements by and about AEDC. AEDC’s current website falsely states that the company β€œfiles Annual, Quarterly and current Reports with the Securities and Exchange Commission (SEC)” even though AEDC suspended its voluntary filings of reports with the Commission on December 5, 2013 and has filed no reports since that date.
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Renee Renee 9 years ago
AEDC: SEC Litigation:

http://www.sec.gov/litigation/litreleases/2015/lr23227.htm
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Renee Renee 9 years ago
AEDC: SEC Files Emergency Action Against Father and Son Behind Pump and Dump Scheme, Obtains Asset Freeze

http://www.sec.gov/litigation/litreleases/2015/lr23219.htm
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BeardOfWallSt BeardOfWallSt 9 years ago
Tick tock - patience pays $AEDC
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Pink salmon Pink salmon 9 years ago
Bounce time? $AEDC

PS
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BERKSHIRE AGENT BERKSHIRE AGENT 9 years ago
Love the way this trades always bounces back up from drop. Loading zone here imho.

#AEDC
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SuperC SuperC 9 years ago
Think the goods are here for a nice return: http://www.nasdaq.com/symbol/aedc/historical http://stockcharts.com/c-sc/sc?s=aedc&p=d&b=2&g=3&id=p17970548896

http://www.otcmarkets.com/stock/AEDC/profile

Love Stop-Signs & odd trading as some refer too.... but also a slim chance this extreme volume change could be an R/S, but only slim. I say that because it's happened with this type of scenario.

Stop-Sign-Specialst :)



sc
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Hereitfirst Hereitfirst 9 years ago
AEDC easy run to .02
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SHEEPWOLF SHEEPWOLF 9 years ago
Loaded and looking...buying 52 week lows is awesome....time to wait and ride it up$$$
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BERKSHIRE AGENT BERKSHIRE AGENT 9 years ago
AEDC multiday runner. OIL prices going up watch how high this will go $$$$$$$$$$$
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BERKSHIRE AGENT BERKSHIRE AGENT 9 years ago
AEDC News coming= KABOOOMAGE coming $$$$$$$$$$$$$
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Stock Logics Stock Logics 9 years ago
NEWS IS IMMINENT IMHO!! LAST CALL TO LOAD AND LOCK. AEDC
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SHEEPWOLF SHEEPWOLF 9 years ago
Absolutely...buy cheap, be patient sell higher, much higher soon. AEDC won't get any cheaper than this
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Stonkenstein Stonkenstein 9 years ago
Patience pays!
$$AEDC$$
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crowin crowin 9 years ago
Oil prices dropping

http://finance.yahoo.com/q?s=clh15.nym
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crowin crowin 9 years ago
AEDC is not producing Oil!
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BERKSHIRE AGENT BERKSHIRE AGENT 9 years ago
Oil prices rising. AEDC going back to PENNIES plus imho.
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SILVER HARVEST SILVER HARVEST 9 years ago
Agreed good possibility with patience. AEDC
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SHEEPWOLF SHEEPWOLF 9 years ago
MMs cold-blooded, they want all these cheapies for themselves...gonna make retail slap the ASK
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Coniba Coniba 9 years ago
sitting on bid for those 285k. and didn't get them. damn MM's
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SHEEPWOLF SHEEPWOLF 9 years ago
BID starting to stack...super cheap here .003. 52 wk high=.04
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SHEEPWOLF SHEEPWOLF 9 years ago
AEDC: awesome technical play..bouncing off 52 week low on breakout volume. Already 37% off LOD (.0022)...much more to come. ASK very thin.
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crowin crowin 9 years ago
AEDC Status: Revoked

http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=F2w8hd9z9LbPCNczzJvhaQ%253d%253d&nt7=0
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SILVER HARVEST SILVER HARVEST 9 years ago
AEDC looking good for a bounce IMHO.
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BERKSHIRE AGENT BERKSHIRE AGENT 9 years ago
ADEC Penny bound with this low float imho.
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JPerdue2 JPerdue2 9 years ago
$AEDC STRONG MOVE COMING.. TINY SHARE STRUCTURE!
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SHEEPWOLF SHEEPWOLF 9 years ago
$AEDC: this is bouncing off bottom of chart, as nice as you could ask for. Super cheap.
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BERKSHIRE AGENT BERKSHIRE AGENT 9 years ago
AEDC sooo UNDERVALUED here. These prices are an absolute steal!
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SHEEPWOLF SHEEPWOLF 9 years ago
ALERT the Big Boards...we know it's going . lol Let's ride baby$$
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BERKSHIRE AGENT BERKSHIRE AGENT 9 years ago
AEDC .0038s Bounce Alert!
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BeardOfWallSt BeardOfWallSt 9 years ago
$AEDC - volume and no chatter. My favorite
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JPerdue2 JPerdue2 9 years ago
$AEDC BOUNCING
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Stonkenstein Stonkenstein 9 years ago
Glad I did. Looking good so far!
AEDC
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Coniba Coniba 9 years ago
huge volume, and lots of gaps on the way up. Should make some money with this one
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Stonkenstein Stonkenstein 9 years ago
Bought some as well.
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Coniba Coniba 9 years ago
bought some on the volume $$
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trader53 trader53 10 years ago
AEDC 0.041 - 15d-6

Share Structure
Market Value1.......................$4,195,589 a/o Dec 06, 2013
Authorized Shares................3,000,000,000 a/o Sep 30, 2013
Shares Outstanding.................102,331,448 a/o May 20, 2013
Par Value 0.001

FORM 15
15d-6
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9647787

FORM 10-Q
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9628969
http://www.otcmarkets.com/stock/AEDC/filings
http://www.otcmarkets.com/stock/AEDC/company-info

http://stockcharts.com/h-sc/ui?s=AEDC&p=D&yr=1&mn=3&dy=0&id=p71710397006
http://stockcharts.com/h-sc/ui?s=AEDC&p=D&yr=1&mn=7&dy=0&id=p74825227139
http://stockcharts.com/h-sc/ui?s=AEDC&p=D&yr=2&mn=3&dy=0&id=p78553262816



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nawura nawura 11 years ago
Has anyone got a clue as to what is happening with this company? I have sent
out 4 emails to the registered email and have called several times with no repy.
Does anyone have a real contact? If so please send to me.
Someone has paid a lot of money to gain huge volume with nothing to show as
far as increase in price.StockRockandRoll.com has been compensated $20,000.00 from Capital Financial Media, LLC (CFM) on 4-10-2012 for a 1-day profile on AEDC.
What went on with management???
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Timothy Smith Timothy Smith 11 years ago
American Energy Development Reports Full Year Fiscal 2012 Results

Oct 19, 2012 8:00:00 AM
2012 GlobeNewswire, Inc.
NEW YORK, Oct. 19, 2012 (GLOBE NEWSWIRE) -- American Energy Development Corp. (AED) (OTCBB:AEDC), an emerging energy company involved in the acquisition, exploration, development and production of established oil and gas basins, reported financial results and filed its Form 10-K for its fiscal year ended June 30, 2012.

Fiscal 2012 Highlights

Brown 2-12 well brought online in December 2011, continued in full production with limited 'water cut' through mid-year.


Produced more than 1,100 barrels of oil on a net basis, with an average sales price of $92.25.


Completed the lease acquisition of approximately 4,000 acres in Northern Lower Michigan, known as the White-tail Prospect.


Closed acquisition of 24,700 acre Windsor Prospect in the Weald Basin, United Kingdom.


Generated revenue of $89,011
Management Commentary

"During fiscal 2012, we transitioned from an exploration company to a production company, as the Brown 2-12 well came online in late calendar 2011," said Herold Ribsskog, CEO of AED. "We have been able to increase our acreage position significantly this past year, adding about 4,000 high value acres in Michigan and 24,700 acres in the United Kingdom

"The White-tail prospect expands AED's presence within Michigan's proven Niagaran reef play. Reefs in the Northern Michigan are typically 50-400 acres in size, 200-7,000 feet in depth and located within an oil bearing 12-15 mile wide reef belt. The Northern Michigan reef belt is a proven play with more than 110 fields containing reserves greater than 1 million barrels. Data from the initial seismic survey done prior to our acquisition suggests there are five separate reef prospects on this acreage.

"In fiscal 2013, we plan to conduct a new 3D seismic study on the White-tail prospect to identify what is likely to be the next 2-3 drill sites. The drill program on White-tail should provide us with short-lead projects and the potential for near term revenue. Our objective is to exit fiscal 2013 with multiple producing sites, augmenting production from our successful Brown 2-12 well on the Dansville prospect.

"We will continue to manage exploration risk by utilizing the most modern proven technology available, like 3D seismic mapping, as we look to identify our next drill sites as well as acquire incremental acreage in historical oil producing regions. We believe this strategy will produce a higher success rate of producing wells and create 'value through the drill bit' for our shareholders."

About American Energy Development Corp.

American Energy Development Corp. is an independent US energy company, committed to creating American energy independence through the development of acreage in established oil and gas basins. Using the latest geological, geophysical, and environmental technology, the Company's goal is to locate, drill, and produce oil and gas in the United States and secure regions. American Energy Development's focus is on the development of Niagaran oil reefs in Michigan and the underexplored onshore basins in the United Kingdom.

Forward Looking Statements

This press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events and the Company's growth and business strategy. Words such as "expects," "will," "intends," "plans," "believes," "anticipates," "hopes," "estimates," and variations on such words and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates that are inherently subject to significant uncertainties and contingencies, many of which are beyond the control of the Company. Actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, risks associated with drilling and production programs resulting from geological, technical, drilling, seismic and other unforeseen problems; unexpected results of exploration and development drilling and related activities; continued availability of capital and financing; increases in operating costs; risks associated with oil and gas operations in general; availability of skilled personnel; unpredictable weather conditions; and other factors listed from time to time in the Company's filings with the Securities and Exchange Commission. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company's expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.

Cautionary Note to U.S. Investors - The United States Securities and Exchange Commission permits oil and gas companies, in their filings with the SEC, to disclose only reserves that comply with the definitions presented at Rule 4-10(a) of Regulation S-X. We use certain terms in this press release that the SEC's guidelines strictly prohibit us from including in filings with the SEC. Examples of such disclosures would be statements regarding "probable," "possible," or "recoverable" "reserves" and "resources" among others. U.S. Investors are urged to consider closely the disclosure in our Annual Report on Form 10-K and Form S-1, File No. 333-169014, available from us at American Energy Development Corp., 1230 Avenue of the Americas, 7th Floor, New York, NY 10020.

Company Contact:
American Energy Development Corp.
Joel Felix, Chief Financial Officer
Tel 646-756-2851
info@aed-corp.com

Investor Contact:
Justin Vaicek
Liolios Group, Inc.
Tel (855) OIL-AEDC (645-2332)
ir@aed-corp.com
Source: American Energy Development Corp.
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j smoo j smoo 12 years ago
Watching and holding. Seems bids are getting raised everyday. I see a nice ASK there today. I'm holding till I see revenues and then make a decision. Most likely will continue to hold to see the company come full circle and start turning tremendous gains.

thanks for the mark. right back at ya.
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PoemStone PoemStone 12 years ago
Hi all watching that chart.

Board already marked.

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Timothy Smith Timothy Smith 12 years ago
Bounce off bottom in full effect. Could be merit here I am on the gamble here.

American Energy Development Initiates Reserve Report Study on Producing Dansville Prospect

Jul 19, 2012 7:30:00 AM
Copyright Business Wire 2012
NEW YORK--(BUSINESS WIRE)-- American Energy Development Corp. (AED) (OTCBB:AEDC) an emerging energy company involved in the acquisition, exploration, development and production of established oil and gas basins, has initiated a Reserve Report study with Netherland, Sewell & Associates Inc on the Dansville prospect, Ingham County, Michigan.


Completing the Brown 2-12 Well on the Dansville Prospect (Photo: Business Wire)

AED has initiated the report on the well with the aim of booking proved developed and potentially proved undeveloped (PUD) reserves. The report will apply industry standard practices to engineering evaluations as well as applying SEC reserves definitions and guidelines.

The Dansville Prospect contains 3 potential Niagaran reef formations with the acreage found in the midst of a 12 to 15 mile wide proven oil bearing reef belt which encircles the entire Michigan Basin. Two of the identified reef prospects have been drilled with the first well, Brown 2-12, continuing to show no decline with zero water production.

Herold Ribsskog, CEO of AED, said, "We have chosen one of the most respected firms in independent reserve reporting. As the company grows, our aim is to build the proven asset base giving the company increased flexibility when making development decisions by opening avenues such as reserve based lending."

Netherland, Sewell & Associates, Inc. (NSAI) is a worldwide leader of petroleum property analysis for industry and financial organizations and government agencies. NSAI was founded in 1961 and performs consulting petroleum engineering services under Texas Board of Professional Engineers Registration No. F-2699.

According to the USGS report on the basin, the recoverable reserves are in excess of 1.8 billion barrels of oil and 17 trillion cubic feet of natural gas. There are a total of 4,212 wells that have reported production from the Niagaran reefs in Michigan. These reefs have produced a total of 472 million barrels oil and 2.8 trillion cubic feet of natural gas. Royal Dutch Shell (NYSE: RDS.A) has been a major player in the state having drilled and produced from over 490 wells.

Players in Michigan include Devon Energy (NYSE:DVN), which has amassed 240,000 net acres, and according to the company has 1.54 billion BOE in unrisked resources. The company recently signed a $2.2 Billion Transaction with Sinopec International Petroleum Exploration & Production Corporation (NYSE:SNP) to drill and develop Devon’s asset base. Other players in Michigan include Encana (NYSE:ECA) with 430,000 net acres, who drilled two horizontal wells in 2011, Chesapeake Energy (NYSE: CHK) with 450,000 acres, and the recently acquired Atlas Energy, owned by Chevron (NYSE:CVX), with over 380,000 net acres.

To receive further information about American Energy Development Corp., telephone (855) OIL-AEDC or email ir@aed-corp.com.

About American Energy Development Corp.

American Energy Development Corp. is an independent US energy company, committed to creating American energy independence through the development of acreage in established oil and gas basins. Using the latest geological, geophysical, and environmental technology, the Company's goal is to locate, drill, and produce oil and gas in the United States and secure regions. American Energy Development's focus is on the development of Niagaran oil reefs in Michigan and the underexplored onshore basins in the United Kingdom.

Forward Looking Statements

This press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events and the Company's growth and business strategy. Words such as "expects," "will," "intends," "plans," "believes," "anticipates," "hopes," "estimates," and variations on such words and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates that are inherently subject to significant uncertainties and contingencies, many of which are beyond the control of the Company. Actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, risks associated with drilling and production programs resulting from geological, technical, drilling, seismic and other unforeseen problems; unexpected results of exploration and development drilling and related activities; continued availability of capital and financing; increases in operating costs; risks associated with oil and gas operations in general; availability of skilled personnel; unpredictable weather conditions; and other factors listed from time to time in the Company's filings with the Securities and Exchange Commission. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company's expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.

Cautionary Note to U.S. Investors - The United States Securities and Exchange Commission permits oil and gas companies, in their filings with the SEC, to disclose only reserves that comply with the definitions presented at Rule 4-10(a) of Regulation S-X. We use certain terms in this press release that the SEC's guidelines strictly prohibit us from including in filings with the SEC. Examples of such disclosures would be statements regarding "probable," "possible," "recoverable" or "proven" "reserves" and "resources" among others. U.S. Investors are urged to consider closely the disclosure in our Annual Report on Form 10-K and Form S-1, File No. 333-169014, available from us at American Energy Development Corp., 1230 Avenue of the Americas, 7th Floor, New York, NY 10020.

Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50346679&lang=en



Company Contact:

American Energy Development Corp.

Joel Felix, Chief Financial Officer

Tel: 646-756-2851

info@aed-corp.com

or

Investor Contact:

Justin Vaicek

Liolios Group, Inc.

Tel: (855) OIL-AEDC (645-2332)

ir@aed-corp.com

Source: American Energy Development Corp.


----------------------------------------------

Company Contact:

American Energy Development Corp.

Joel Felix

Chief Financial Officer

Tel: 646-756-2851

info@aed-corp.com

or

Investor
Contact:

Justin Vaicek

Liolios Group
Inc.

Tel: (855)
OIL-AEDC (645-2332)

ir@aed-corp.com




πŸ‘οΈ0
Timothy Smith Timothy Smith 12 years ago
American Energy Development Provides Update on Michigan Operations and Activities

Jul 17, 2012 7:30:00 AM
Copyright Business Wire 2012

NEW YORK--(BUSINESS WIRE)-- American Energy Development Corp. (AED) (OTCBB:AEDC) an emerging energy company involved in the acquisition, exploration, development and production of established oil and gas basins, is pleased to provide an update on Michigan operations, and other industry news within the state.

AED drilling a well on the Dansville Prospect. (Photo: Business Wire)

Dansville Prospect

Located in Ingham County, Southern Michigan, the Dansville Prospect contains 3 potential Niagaran reef formations. To date, two of the identified reef prospects have been drilled with the first well, Brown 2-12, on production and yielding cash-flow to AED. The well site locations for the drilling program were selected using AED's high resolution 3-D seismic isochrones, which we believe define the heart of the anomalies.

Production from the first well, Brown 2-12, continues to show no decline with zero water production. We expect with the well maturing, production stability will increase which will subsequently lead to increased production. Since start-up, daily production has increased by 14.6%, with AED commissioning Netherland, Sewell & Associates Inc. to undertake a reserve report on the well, which we hope should enable AED to book proven oil reserves under SEC reporting guidelines.

The second well, the Cremer 1-1, was cement plugged following geophysical logging for density, porosity and water saturation, in order to determine reservoir size, quality and deliverability. It has been determined that during drilling stage, the flank of the structure was encountered, with the presence of salt plugging in the drilled area of the formation. AED and its operating partner are currently evaluating completion and development opportunities for the well, which include sidetracking.

Data from drilling the first two wells, along with AED's 12,300 acre database of high resolution 3-D seismic data, are being re-evaluated, with special focus on salt formations and properties for the prospective third well, the Bowen well.

"The Brown 2-12 continues to yield cashflow to AED and is proving to be a reliable producer for us, delivering premium oil and zero water," noted Joel Felix, CFO of AED. "We are continuing to develop the Dansville prospect with the goal to increase our near-term revenues."

White-tail Prospect

With the expansion into Northern Michigan, AED has increased its presence in the state's prolific Niagaran reef play, and brings the company's total Michigan acreage to more than 5,300 acres.

Located on approximately 4,000 acres in Northern Michigan, the White-tail prospect is found in an area which contains over 110 oil fields with reserves larger than 1 million barrels, with the average size of these fields being approximately 2.4 million barrels recoverable. The largest reefs drilled in the area are the Chester 18A field, with 14 million barrels of recoverable oil, drilled by Royal Dutch Shell, and the Grant 13 field, which has approximately 47 billion cubic feet of recoverable natural gas.

Data from the initial seismic survey on the acreage has identified 5 separate reef prospects. AED plans on initiating the new high resolution 3-D seismic survey to clearly define prospective well sites. The company and its partners will define future well sites using the latest geological, geophysical, and environmental technology to minimize risk for the subsequent drilling program.

Herold Ribsskog, CEO of AED, commented: "AED and its operating partner are in the process of going out to tender for the high resolution seismic shoot. Following the seismic shoot, we aim to replicate the same success on White-tail as we have had on the Dansville drilling program."

Michigan Activities

According to the USGS report on the basin, the recoverable reserves are in excess of 1.8 billion barrels of oil and 17 trillion cubic feet of natural gas. There are a total of 4,212 wells that have reported production from the Niagaran reefs in Michigan. These reefs have produced a total of 472 million barrels oil and 2.8 trillion cubic feet of natural gas. Royal Dutch Shell (NYSE: RDS.A) has been a major player in the state having drilled and produced from over 490 wells.

Players in Michigan include Devon Energy (NYSE:DVN), which has amassed 240,000 net acres, and according to the company has 1.54 billion BOE in unrisked resources. The company recently signed a $2.2 Billion Transaction with Sinopec International Petroleum Exploration & Production Corporation (NYSE:SNP) to drill and develop Devon’s asset base. Other players in Michigan include Encana (NYSE:ECA) with 430,000 net acres, who drilled two horizontal wells in 2011, Chesapeake Energy (NYSE: CHK) with 450,000 acres, and the recently acquired Atlas Energy, owned by Chevron (NYSE:CVX), with over 380,000 net acres.

To receive further information about American Energy Development Corp., telephone (855) OIL-AEDC or email ir@aed-corp.com

About American Energy Development Corp.

American Energy Development Corp. is an independent US energy company, committed to creating American energy independence through the development of acreage in established oil and gas basins. Using the latest geological, geophysical, and environmental technology, the Company's goal is to locate, drill, and produce oil and gas in the United States and secure regions. American Energy Development's focus is on the development of Niagaran oil reefs in Michigan and the underexplored onshore basins in the United Kingdom.
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ctruelove ctruelove 12 years ago
...
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tony26 tony26 12 years ago
..
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USA*2014 USA*2014 12 years ago
.
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CarloRoberts CarloRoberts 12 years ago
Correct, I sure am. Spent AEDC profit yesterday.
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Kev2128 Kev2128 12 years ago
Sure you are.
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CarloRoberts CarloRoberts 12 years ago
Long gone and at +. Thanks for asking.
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Kev2128 Kev2128 12 years ago
How you enjoying those cheapies?
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