Company American Energy Development Corp.

Equities

AEDC

US02563A1025

Oil & Gas Exploration and Production

Delayed OTC Markets 18:08:31 14/03/2024 GMT 5-day change 1st Jan Change
0.000001 USD -.--% Intraday chart for American Energy Development Corp. -.--% -.--%

Business Summary

American Energy Development Corp. is an independent energy company. The Company is focused on the development of acreage in established Oil and Gas basins using the geological, geophysical and environmental technology to locate, drill and produce oil and gas reserves in the United States and other secure regions. The Company's project is Dansville prospect. The Company's 1,343-acre Dansville prospect is located in oil bearing reef belt, which encircles the entire Michigan Basin. The belt covers a 12 to 15 mile wide path from Oceana County, through Kalkaska and Otsego Counties, to Presque Isle County. Using three-dimensional (3-D) seismic, the Company located three prospects, which include Brown-12.

Number of employees: 2

Sales per Business

USD in Million2012Weight2013Weight Delta
Oil and Gas
100.0 %
0 100.0 % 0 100.0 % +129.69%

Sales per region

USD in Million2012Weight2013Weight Delta
Global
100.0 %
0 100.0 % 0 100.0 % +129.69%

Managers

Managers TitleAgeSince
Chief Executive Officer 73 07/07/11
Director of Finance/CFO 56 09/03/10

Members of the board

Members of the board TitleAgeSince
Director of Finance/CFO 56 09/03/10
Chief Executive Officer 73 07/07/11

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 102,331,448 59,881,448 ( 58.52 %) 0 58.52 %

Company contact information

American Energy Development Corp.

1230 Avenue of the Americas 7th Floor

10020, New York

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address American Energy Development Corp.(AEDC)
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