SOURCE: American Energy Production Inc.

August 15, 2007 12:00 ET

American Energy Production Inc. Announces Web-Cast Today Regarding June 30, 2007 10Q

MINERAL WELLS, TEXAS--(Marketwire - August 15, 2007) - American Energy Production Inc. (OTCBB: AMEP) announced today the Company will host a Web-Cast about the June 30, 2007 10Q that was released on August 14, 2007.

The Web-Cast will give shareholders the opportunity to call the Offices of AMEP subsidiary Oil America Group at 972-636-5150 or email jchristopher@oilamericagroup.com and ask questions about the June 30, 2007 10Q. The Board of Directors of AMEP realizes that shareholders may have a few questions because this is the first time the Company had to file a consolidated statement with all of the wholly owned subsidiaries.

The only topic that will be addressed on the Web-Cast will be the discussion about the 10Q. There will not be enough time to discuss other topics. The time for the Web-Cast will be 4:00 PM Central time to 5:00 PM.

Charles Bitters, President of American Energy Production Inc., stated, "This Web-Cast will give the Company the opportunity to begin communicating with the shareholders on regular basis."

Statements contained in this release, which are not historical facts, may be considered "forward-looking statements" and are based on current expectations and the current economic environment. We caution the reader that such forward-looking statements are not guarantees of future performance, Unknown risk, uncertainties, as well as other uncontrollable or unknown factors could cause actual results to materially differ from the result, performance, or expectations expressed or implied by such forward-looking statements.

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