Inactive Instrument

American Energy Development Corp. Stock Other OTC

Equities

AEDC

US02563A1025

Oil & Gas Exploration and Production

Sales 2012 0.09 Sales 2013 0.2 Capitalization 4.59M
Net income 2012 -1M Net income 2013 -13M EV / Sales 2012 330,563,346 x
Net cash position 2012 84.45K Net cash position 2013 9.68K EV / Sales 2013 22,425,687 x
P/E ratio 2012
-20.3 x
P/E ratio 2013
-0.33 x
Employees -
Yield 2012 *
-
Yield 2013
-
Free-Float 58.52%
More Fundamentals * Assessed data
Dynamic Chart
American Energy Development Corp. cancelled the acquisition of 43.75% working interest in the Osprey prospect from Range Michigan LLC. CI
American Energy Development Corp. Announces Resignation of Kevin Goldrick as Director CI
American Energy Development Corp. Announces Revenue and Production Results for the Year Ended June 30, 2012 CI
American Energy Development Corp. Provides Update on Michigan Operations and Activities CI
American Energy Development Corp. Finalizes Acquisition of 4,000 Acre White-tail Prospect in Northern Michigan CI
American Energy Development Corp. completed the acquisition of 43.75% stake in White-Tail prospect from Range Michigan LLC. CI
American Energy Development Corp. Reports Production Results for the Third Quarter Ended March 31, 2012 CI
American Energy Mulls Acquisitions CI
American Energy Development Corp. Provides Drilling Update on Cremer 1-1 CI
American Energy Development Corp. Provides Update on Brown 2-12 Production CI
American Energy Development Corp. Commences Drilling on Cremer 1-1 Well Site at its Dansville Prospect in Southern Lower Michigan CI
American Energy Development Corp. Confirms Spud Date for the New Cremer 1-1 Well on the Dansville Prospect CI
American Energy Development Corp. Prepares Second Well Location on Dansville Prospect CI
American Energy Development Corp. Restarts Michigan Drilling Program Following Early End to Frost Law Moratorium CI
American Energy Development Corp. to Provide an Update on its Drilling Program in Southern Michigan CI
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Managers TitleAgeSince
Chief Executive Officer 73 11-07-07
Director of Finance/CFO 56 10-03-09
Members of the board TitleAgeSince
Director of Finance/CFO 56 10-03-09
Chief Executive Officer 73 11-07-07
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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.
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