AER Energy Resources, Inc. (AERN) announced today that company has successfully acquired three OK O&G leases from Fort Worth, TX. based Texas Energy, Inc. The purchase combines AER Petroleum, Inc and TX Energy’s OK O&G assets. Al Karmali, President and CEO of TX Energy, will become the President of AER Petroleum, Inc. Corporate offices for AER Petroleum will relocate to Fort Worth, TX.
Al Kamali, TX Energy Inc. President, commented,
“I am looking forward to working with Stan and the AER Energy team. AERN affords the needed capital to move forward with our excellent Lease holdings in OK. AERN will immediately begin secondary recovery operations on three of the leases and the company has scheduled an aggressive drilling program for 2012-2013. The combined O&G lease holdings of both companies are now substantial and will allow AER Energy to meet its established production goals.”
AER Energy Resources, Inc.
7135 East Camelback Road Suite 230
Scottsdale, Arizona 85251
AER Energy Resources, Inc., a Nevada corporation (hereinafter “AER” or the “Company”) is in the business of acquiring, managing and operating cash-flow producing oil and gas properties as well as operating a petroleum marketing subsidiary, FTPM Resources, Inc., which is primarily focused on the purchase and sale of fuel and petroleum products with a special emphasis on the recycling of used motor oil.