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SmallCapNewsRelease:(OTC: AERN) Boosts Its Sales In February


JERICHO, NY, March 7, 2012 AER Energy Resources, Inc. (PINKSHEETS: AERN) a diversified holding company with an emphasis on oil and gas exploration, drilling, well completion and fuel distribution, announced today that 3 of their leases have boosted production 25% from January to February.
The production boost occurred on their Copeland, Allie Wade and South Wade leases. Currently, the leases have 6 producing wells, with 4 more identified to be drilled in the second quarter of this year. Upon completing the 4 additional wells, AER Energy anticipates their annual revenue to exceed $500,000.
 AER Energy has also completed payment on the acquisition of the Texas leases announced on February 15th. The acquisition contributed three Oklahoma leases with a minimum of 24 identified wells and an estimated future oil and gas production when completed and combined with existing AER Energy lease holdings that could exceed 700 BOPD.
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