The American Energy Group Ltd. is an energy resource royalty company. This non-operating oil and gas firm exposes investors to the tremendous upside of drilling activities in Pakistan without the downside risk of exploration and production costs. The Company's operations include Yasin Royalty Interest, Zamzama North Convertible Carried working Interest, Sanjawi Convertible Carried Working Interest and Investment in Pakistan Energy Sector as an Emerging Market. The Company has an 18% gross overriding royalty interest on the producing Yasin Block 2468-7 (539,172 acres) in South-Central Pakistan. A well was drilled by the operator, Hycarbex-American Energy Inc. (Haseeb No.1) that is estimated in place 196 billion cubic feet of natural gas.
More about the company