Americas Energy Company Begins BryDet Auger Operations on Artemus
by Chris Headrick on May 26, 2010
In a press release on Friday:
“The BryDet Auger being placed in service on the Artemus property is anticipated to help AENY increase its production capability of the Artemus property from 20,000 to more than 40,000 tons of clean coal per month by the end of June 2010,” said Chris Headrick, President and CEO of Americas Energy Company. Mr. Headrick added, “Black Diamond Energy, Inc. our contract miner plans to immediately implement the power of the BryDet auger into production on the Artemus property. The BryDet auger offers enhanced recovery with its state of the art 600-800 foot reach over our traditional auger’s 250 foot reach.”
AECo is pleased to present our Super 8k filings, which is now available on our website, here : Americas Energy Company Super 8k
This is a PDF file, which requires Adobe Reader.
We are also glad to announce many new updates to our website, including an improved Management page, a more thorough Our Projects page and the newly separated Our News page, which will house this blog. Use the link bar to the left to browse through our new layout!
Merger Complete!
by Chris Headrick on January 22, 2010
AENY has some exciting news, taken from the press release yesterday on Marketwire:
KNOXVILLE, TN–(Marketwire – 01/21/10) – Effective today, Americas Energy Company (OTC.BB:AENY – News) is pleased to announce the merger between it and Americas Energy Company, Inc. (”AECo”) based out of Knoxville, Tennessee is completed. The two companies have been working very close together over the last several months wrapping up due diligence and disclosure requirements. The surviving entity, AENY, will continue to be quoted on the OTC Bulletin Board under its current symbol: “AENY.”
Americas Energy Company has added Sam Johnson to its executive management team, as was the focus of today’s press release.
“The addition of Sam Johnson to the AECo executive team is the final piece of the puzzle!” said Chris Headrick, President and Co-CEO of Americas Energy Company. Mr. Headrick added, “With the pending acquisition of the Evans Coal Company, Inc. we realized that we needed a strong and experienced hand to properly develop and exploit the resources assembled by the Evans family. Sam brings AECo that depth of experience. With Sam’s guidance we will develop and offer our high quality specialty coals to both the domestic and international markets.”
Knoxville, TN- November 6, 2009- Trend Technology Corporation (OTCBB:TRET) and Americas Energy Company (AECo) are pleased to announce that the Cohen Independent Research Group, Inc., Wall Street’s leading independent fundamental research firm, has issued a research report on AECo with a “buy” recommendation and a long-term target price of $5.10. AECo is in the process of being acquired by TRET.
AECo is proud to now share Cohen Independent Research Group, Inc.’s report through our Investor Center page!
Please be sure to visit our Investor Center, located on the navigation bar to your left, or download the report direct through this link:
On Thursday October 8, 2009 Mining Operations began on The Upland Church Project, in Bell County, Kentucky. Clear Development, LLC is the mining subcontractor. AECo and Clear Development will produce approximately 15-16,000 tons of coal monthly from this operation.
Surface Mining Begins- SGS Analysis of AECo Coal Seams 2009
by Chris Headrick on October 3, 2009
Clear Development, LLC has begun surface mining operations in the Hance coal seam on The Upland Church Project. Clear will produce approximately 12,000 short tons of surface mine coal and 3,000 short tons of auger coal monthly. AECo and Clear will begin a mine optimization plan for the Harlan and Jellico seams.
PR October, 1, 2009. Trend Technology and Americas Energy Company have reached a subcontract mining services agreement with Clear Development, LLC of Lafollette, Tennessee.
PR September, 29, 2009. Trend Technology and Americas Energy Company have reached a definitive professional services agreement with Engineering Consulting Services, Inc. of Lexington, Kentucky.
AECo’s first oil well rework in Cumberland County, KY. AECo deepened the well from 1,220 feet to 1,420 feet with the plan of increasing our pay zone access, thus increasing our daily production. As of 9/12/2009 the well is producing in excess of 40 barrels per day. AECo will limit the production to 30 barrels per day to stay in front of any natural gas issues that could reduce the well’s future production capability.
Investor Center Updates
by Chris Headrick on September 9, 2009
Alongside our recent post of the 47″ Wallin Seam photos from Bell County, Kentucky (scroll down!), we have updates to our Investor Center!
They can also be seen on our Investor Center page, here.
Photos of 47″ Wallin Seam – Bell County, KY
by Chris Headrick on
Part of our ongoing mine optimization plan, this seam is one of thirteen seams of coal on the Bell County property. We spent the last week meeting with a major High Wall Mining Company and hope to finalize terms of an agreement and begin to mine our 9+ miles of bench on this property. High Wall mining is an incredibly productive tool, on our project a single high wall mining machine should produce about 50,000 tons of clean coal per month, per 1,000 lineal foot of bench. Need more information? To view a video of a high wall miner in operation please visit Addcar Mining Systems.
(Click for full-size)
(Click for full-size)
New Corporate Offices
by Chris Headrick on August 7, 2009
AECo has established new corporate offices in Knoxville, TN at:
249 North Peters Rd., Suite 300
Knoxville, TN 37923
