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NewswireToday - /newswire/ -
Winston-Salem, NC, United States, 07/28/2009 - SmallCapReview.com a leading site for small cap information is adding North American Energy Resources (OTCBB: NAEY) to its list of stocks "On the Radar".
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North American Energy Resources (NAEY) is an independent oil and natural gas company, engaging in the acquisition, exploration, and development of oil and natural gas properties with a focus on properties in northern Oklahoma.
Currently NAEY has leases on 900 acres and plans to acquire an additional 1,400 acres within the next 90 days.
Its wells produce both oil and/or natural gas, with gas production coming primarily from the mulky coal seam. The company's primary goal is to acquire natural gas and oil properties that are relatively close to NAEY's Apwash pipeline of which it owns 75%. This pipeline will provide service to approximately 11,500 acres of potential leases that contain multiple zones of oil and CBM formations.
NAEY has positioned itself to achieve significant profits on a number of producing properties and as an added bonus for the Company, in its search for natural gas it also discovered significant oil deposits in the process.
Features available at SmallCapReview.com include in-depth profiles of select Small-Cap/Penny Stocks as well as the most comprehensive and up to date news available on the small-cap market.
No investor should assume that reliance on the views, opinions or recommendations contained herein will produce profitable results. Nothing within our site should be construed as an offer or solicitation to buy or sell products or securities. The companies we profile may lack an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk. SmallCapReview.com has been compensated up to three thousand five hundred dollars by a third party APS for its services with regards to North American Energy Resources.
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