Unless the North dakota oil and Gas Division has forgotten an AMZG rig, AMGZ is ,as I post, drilling with one rig only , which was also the latest statement from management. We will add another rig very soon and a third rig may be added in fall. Savvy management saved a lot of money by reducing drilling in spring to 1 rig only. The spring flooding made drilling very costly since pivotal equipment was stalled due to road restrictions.
We are currently drilling:
NABORS 49 AMERICAN EAGLE KENT 1-3N-163-101 LOT1 3-163N-101W DIV 25954 33023010790000 8/23/2013
and with Mountainview as operator -a single digit percentage interest to AMZG: