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American Energy (AEGG)

The American Energy Group Ltd. is an energy resource company, which engages in the acquisition, exploration, and development of oil and gas properties. Its portfolio includes Yasin Block, Zamzama North, and Sanjawi projects. The company was founded on July 21, 1987 and is headquartered in Wilton, CT.

Company profile

Ticker
AEGG
Exchange
CEO
R. Pierce Onthank
Employees
Incorporated
Location
Fiscal year end
SEC CIK
IRS number
870448843

AEGG stock data

Calendar

18 Nov 19
30 Sep 22
30 Jun 23

Financial report summary

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Management Discussion
  • Our operations for the three months and nine months ended March 31, 2019 reflected net (losses) of $(222,356) and $(502,927), respectively, as compared to net losses of $(352,401) and $(723,797), respectively, for the three and nine months ended March 31, 2018. The increase in net operating loss from the prior year is predominately the result of a net increase in salaries of $30,364 and a net increase in legal fees of $112,256 related to the ongoing Hycarbex litigation and arbitration proceedings.

Content analysis

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Positive
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Constraining
Legalese
Litigous
Readability
H.S. freshman Avg
New words: activity, attributed, constitutional, finance, financing, formal, offset, professional, promissory, repaid, staying, unsecured, unsuccessful, writ
Removed: conduct