This year AENC
will present, for the first time, the Canine Breeder Excellence Seminar powered by AKC, the EUKANUBA(TM) brand, and the Theriogenology Foundation where attendees will receive cutting edge information straight from the experts.
For more details regarding the AENC
, visit http://www.
This sales transaction can be considered a related party transaction since a majority of the directors of AENC
are also directors of USR.
The farm-out gives USR the right to reinstate production in six additional wells situated on 320 acres in Section 18, a portion of the field that AENC
and ONPC have yet to develop.
Amerac's Common Stock is trade on the Nasdaq Bulletin Board under the symbol AENC
Amerac Energy's Common Stock is traded on the Nasdaq Bulletin Board under the symbol AENC
and is also traded on the Boston Stock Exchange under the symbol AMC.
, USR and ODE each have agreed to share one-third of the drilling cost, estimated to be $1,300,000.
and USR have together entered into a joint venture with ODE whereby all three companies will develop the Iowa Field, located in Jefferson County, LA.
Drilling experts have been consulted and procedures designed to allow USR and AENC
to drill and complete the new well in the high pressure zone where geological evidence, including seismic, indicates that the company could encounter up to 200 feet of productive formation with a potential for up to 15 billion cubic feet of gas reserves.