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| Our Objectives and Strategy |
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Managements Objectives
The mission of AER is to grow steadily and become one of the premier independent crude oil producers in the United States. Assuming the fulfillment of its projected working capital requirements, the Company's financial objective is to achieve on-going revenue per acquired asset after all costs have been recouped.
Acquisition Strategy
The Company believes that the domestic market for crude oil production will increase, especially in view of the on-going threat of international conflict in the middle east. The Company intends to continue the acquisition of capital in order to acquire additional properties that have revenue generation promise. The Company intends to utilize strategies that have been successful in the industry in evaluation of potential properties for acquisition. |
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