American Energy Group Ltd. is an energy resource royalty company. This non-operating oil and gas firm exposes investors to the tremendous upside of drilling activities in Pakistan without the downside risk of exploration and production costs. AEGG has an 18% gross overiding royalty interest on the producing Yasin Block 2468-7 (539,172 acres) in South-Central Pakistan. A successful well was drilled by the operator, Hycarbex-American Energy Inc. in June 2005 ( Haseeb No. 1 ) that is estimated in place 196 billion cubic feet of natural gas. A pipeline and surface facility were completed in December of 2009.The Company’s vision is to be recognized internationally as a leading royalty company providing a unique exposure to emerging markets with a specific focus on the energy sector in South Asia.
Company Name | American Energy Group, Ltd |
Business Category | Oil & Gas |
Address | 1 Gorham Island Suite 303 Westport Connecticut United States ZIP: 06880 |
President | Pierce Onthank |
Year Established | NA |
Employees | NA |
Memberships | NA |
Hours of Operation | NA |
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Website | Locked content |