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American Energy Partners, Inc. CEO Issues Letter to Shareholders
American Energy Partners, Inc. CEO Issues Letter to Shareholders.
About this update from American Energy Partners, Inc.
[{"type":"text","content":"\n\n\n\nAmerican Energy Partners, Inc. CEO Issues Letter to Shareholders\n\n\n\n\n\nAmerican Energy Partners, Inc. CEO Issues Letter to Shareholders\nPR Newswire\nALLENTOWN, Pennsylvania, December 12, 2017\n\n\n\nALLENTOWN, Pennsylvania, December 12, 2017 /PRNewswire/ --\n\nAmerican Energy Partners, Inc. (OTC: AEPT) (the \"Company\", \"American Energy\" or \"AEPT\"), a diversified energy company, today issues an update to Shareholders.\n\nThis has been a successful year for American Energy Partners, Inc., having made significant steps to transform the company into a highly focused enterprise poised for strong, long-term growth. We've completed many strategic initiatives to reshape American Energy for a stronger future. Before discussing these individually, we would like to share key highlights:\n\n\nAmerican Energy has accomplished an annual ROI of 450%\n\nOur market capitalization grew to well over $1,000,000\n\nDecreased the company's debt load by 60%.\n\nReceived Analyst coverage from \"SeeThruEquity\"\n\nAnalyst Research Report\n\n\n\nWe would like to take this opportunity to recognize the positive strides the company has made over the past year. Following the acquisition of the public company, AEPT completed the company's rebranding efforts to better reflect the company's core values and line of business.\n\nAmerican Energy began the second quarter with the announcement of our agreement with the Eastern Pennsylvania Coalition for Abandoned Mine Reclamation (\"EPCAMR\") to engage the Susquehanna River Basin Commission (\"SRBC\") in a multi-phase study of the Mocanaqua Abandoned Mine Drainage Tunnel. This project, if successful will bring access to over five hundred billion gallons of treated mine influenced water into the local Pennsylvania watershed.\n\nAs stated in the November SeeThruEquity analyst report, \"targeting waste water treatment (via AES), oil & gas (via Gilbert), and hydration distribution (via HCPA) and integrating these services creates significant opportunities for positive revenue synergies. The presence in the Marcellus and Utica basin (via Gilbert Oil & Gas) will help AEPT cross-sell its services offerings such as reclaimed water distribution to diversified energy companies.\"\n\nTo that effect, heading into the fourth quarter, American Energy closed on a multi well package of producing gas and o...