American Patriot Oil & Gas Limited provided earnings guidance for the year 2019. The company has signed two separate acquisition deals for oil and gas assets in Texas that will significantly increase the company's EBITDA for the 2019 calendar year based on company financial modelling. Estimated EBITDA is expected to increase to approximately USD 12 million per annum in 2019 (for all assets) following completion of the capex program based on an oil price of USD 70bbl.