Economic Advice
James Ralpholz - B.A.M.S. Economics
Special Report on American Eagle Energy (AMZG)

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READ THIS REPORT and you'll understand why folks in Montana are
naming their children and pets after him.
By James Rapholz
Editor, Economic Advice

Oil was cheaper than dirt in 1953 when a Montana farmer by the name of Henry Bakken (rhymes with "talking") told a geologist who wanted to drill for oil on his farm...

"Sure, be my guest"

Turns out old Henry was sitting on an ocean of oil. After more extensive research, this ocean came to be know as "The Bakken Formation," which covers part of Montana, North Dakota and Canada.

According to recent estimates by the U.S. government, "The Bakken" is home to a staggering
503 billion barrels of
light crude.


To give you a clear idea of how significant this is, let me put 503 billion barrels in perspective.


But back in 1953, no one knew there was that much oil on American's turf. Heck, as recently as 1990, major oil companies didn't have much of a clue, either.

Big oil, like Royal Dutch Shell, Gulf and Texaco, walked away from hundreds of wells and let their mineral-rights lapse into the hands of Richard Findley.
Here's how the Wall Street Journal puts it:
"Richard L. Findley, a graying geologist and 'wildcat' producer, thought they [big oil] were all wrong. He bought up leases on the cheap and helped spark a surprising boom in one of the most heavily explored oil regions in the country."
Findley caught
what everyone else missed

Findley, a master geologist, studied the drilling records and saw something everyone else missed.

In the dolomite layer, the middle layer about 9,000 feet down that runs shallow but extremely wide, Findley noticed something strange. The rock making up this layer was porous. This layer of rock had holes and Findley figured there could be oil in those holes.


THERE'S OIL IN THOSE ROCK HOLES

Crazy? Now we know Findley was right, of course.

But back in the 1990s, the big question was how to get the crude out of this middle layer, estimated to be 12 miles long and 50 miles wide... but only a few feet thick.

Findley drilled 10 vertical wells and he found the process was indeed releasing oil. But the traditional drilling technique was not producing enough oil to justify new drilling, not at 1997 oil prices of $8.50 a barrel.

Big oil gave up.

BUT FINDLEY NEVER GAVE UP, and you now know he figured out a solution. His secret? He became the first to use horizontal drilling and fracing in "The Bakken."

Today, those oil-filled pores are flowing to the tune of 48,000 barrels of crude every single day. The Wall Street Journal reports Findley's efforts created "the largest on-shore oil discovery in the continental United States since 1954."

Findley makes ordinary folks millionaires

Findley's discoveries and his "scientific creativity" have already made
millionaires out of ordinary Montanans, already swollen state coffers, and already
ushered in a new way of prospecting for oil worldwide.

And this is the man now running American Eagle Energy!

He's bringing so much talent and creativity to the table, it's hard to imagine early AMZG investors not hauling in barrels of profits.

Father Knows Best

Richard Findley is a natural-born geologists. But no one saw his genius at first. Back in Corpus Christi, Texas, his high school friends only saw a budding beach bum. Richard's father, however...

Richard's dad had studied geology at Texas A&M and suggested to his beach-bum son that he might do the same. In a scene that could have been cut from a Norman Rockwell episode of "Father Knows Best," young Richard innocently replied, "What's geology?"
A handful of years later, young Richard walked away from Texas A&M with his masters degree in petroleum geology. He took a job with an oil company in Denver, but soon realized his calling -- he had to be an independent oilman.

So he started his own business, Prospector Oil Inc. And that's when Richard Findley learned to think outside the box. He had no choice. He was working out of his home, taking consulting jobs to pay the bills. His income dropped by more than half. His neighbor owned a restaurant and Findley was on the verge of asking him if he needed help in the kitchen when...

"This is what I love."

He sat down with his wife and wondered what they were going to do. They both came to the same conclusion. Richard recalls saying, "Geology is what I know. This is what I love." So, Richard Findley, with his wife's blessings, scruntinized the Bakken Formation once again. And took action!

He began quietly drilling down the old holes and then injecting water and sand to make the rock layer even more porous, a new process called "fracking." It worked. The trapped oil was released.

But the job was too big for his small company. Normally, he explored fields 300 acres or less. This job encompassed 300 square miles! So Findley became an executive and enlisted the technical expertise of Halliburton.

Halliburton used computer-controlled rigs and motorized directional drill bits. And they could drill down 10,000 feet, then work the bit horizontally. Technicians, glued to their laptop monitors, waited several hours as the bit turned horizontally.

One of them finally
threw a switch and
oil flowed up the pipe
in a steady stream
that turned into a
river of black gold.



"You better sit down...
we found a GIANT oil field"

As Findley recalls, "When I saw that this was continuous for 50 miles, I called my partner and said, "I think you'd better sit down. I think we found a giant oil field.'"

And his discovery is still rocking Montana. Back in 2000, about 15.7 million barrels of oil were pumped out of Montana. Five years later, production reached 32.8 million. The ignition that sparked the dramatic rise? Adminstrator of the State Board of Oil and Gas, Tom Richmond, gives full credit to Richard Findley and his discovery.

In Richland County, home to Findley's discovery (Elm Coulee) residents with oil royalties suddenly became millionaires. The entire state of Montana got rich! Taxes on oil in 1995 generated about $13 million for Montana. Last year, the state took in $92.7 million. No wonder folks in Montana are naming their babies and pets after our hero.



Findley is moving fast -- in Mississippi

American Eagle Energy just locked up 1 oil-rich play in Mississippi, home to some 7 billion barrels of light crude.

Marine magazine officially estimates that the Tuscaloosa Marine Shale contains 7 billion barrels of oil. The shale is huge. And it runs deep and directly beneath Richard Findley newly acquired playground.

Underneath the lands of Amile and Wilkinson counties, the shale’s deeper horizon is not part of AMZG’s exploration rights -- but it is beneath the company’s land rights and IS AVAILABLE!

What’s more, records and studies show some of the very best Tuscaloosa Marine Shale (typically 500 to 800 feet thick) areas may be directly below AMZG’s new acquisition (as of January 20, 2010).

The Belmont Lake discovery in Wilkinson looks to hold a minimum of 750,000 barrels of recoverable oil.

Valuation in Belmont Lake alone is anywhere from $7,500,000 to $50,000,000. Maybe more -- if development drilling increases the number of proved barrels.

And because there are multiple horizons (layers of rock) that are productive for both oil and gas in this region, I know Richard Findley is the man to get it all out of the ground. He’s proven his genius to me.


More you should know
about RICHARD FINDLEY

Findley's award-winning career in oil and gas exploration spans over 35 years. He's a graduate of Texas A&M University with both Bachelor and Master of Science degrees and was anything but an average student. His strong academic achievements - including a Tenneco fellowship grant and award winning Geological papers - became the basis for a distinguished career in geological exploration for the oil and gas industry.

Initially working with Tenneco Oil Company, Denver, and Patrick Petroleum in the mid to late 1970s, Richard formed Prospector Oil inc. in 1983 to work in the Williston Basin and Northern Rockies region. Amongst other oil company board positions, he has served as Chairman of the Board for Ryland Oil, engaged in Bakken exploitation in Saskatchewan and North Dakota.
RICHARD IS CREDITED AS DISCOVERING the Elm Coulee Field in the Bakken Formation in Montana, opening both the Bakken Play in the US and the Canadian Williston Basin and locating an estimated three to 4.3 billion barrels of recoverable oil for the United States market.
A highly respected figure in the international oil and gas industry, Richard has been featured in the Wall Street Journal, Canadian National Post and other international papers in the Netherlands and Italy, as well as being the subject of articles in oil and gas trade journals including the American Oil and Gas Reporter, Petroleum Intelligence Weekly and AAPG Explorer magazine.

Who's James Rapholz?
And Why Should You Heed
What He Says About AMZG?

James Rapholz is one of the most gifted stock pickers in the energy and natural resource sectors. His edge: He's the only major newsletter editor to have started, owned and operated not just one, but TWO mining companies: Rapholz Silver, Inc., and J.R. Gold Mines, Inc. And he took both of them public.

James taught economics at the university level, and founded Economic Advice, a private advisory. His subscribers gain a priceless inside track on investing in undiscovered energy and natural resource companies. James makes it easy for his readers to prosper. He picks out the blockbusters -- before their share prices zoom.

James Rapholz's stock picks have been making investors like you rich for two decades. Here's a sample of some of his recent picks:

394% profit on Consol Energy
218% profit on Meridian Gold
248% profit on Freeport McMoRan
312% profit on Comstock Resources
485% profit on Goldcorp Inc.
452% profit on Angico Eagle
1008% profit on Kinross Gold
463% profit on Cimarex Energy
428% profit on Pan Am Silver
690% profit on Teck Cominco Ltd.
510% profit on Royal Gold
888% profit on Aurizon Gold
367% profit on Rubicon Minerals
871% profit on Seabridge Gold

You're getting his exclusive research report on American Eagle Energy (AMZG) at no charge today for several reasons:

the stock is poised to soar with Richard Findley at the helm,
James wants you to make a boatload of money, and
he also wants you to subscribe to his advisory, Economic Advice.

Putting his best foot forward to impress you, Mr. Rapholz reveals why American Eagle Energy (AMZG) could be headed to the Profit Hall of Fame. Read his report and prosper.

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I make this generous money-back guarantee with utter confidence. My track record proves subscribers can make a fortune in no time. Here, see for yourself:

  • 394% profit on Consol Energy
  • 218% profit on Meridian Gold
  • 248% profit on Freeport McMoRan
  • 312% profit on Comstock Resources
  • 485% profit on Goldcorp Inc.
  • 452% profit on Angico Eagle
  • 1008% profit on Kinross Gold
  • 463% profit on Cimarex Energy
  • 428% profit on Pan Am Silver
  • 690% profit on Teck Cominco Ltd.
  • 510% profit on Royal Gold
  • 888% profit on Aurizon Gold
  • 367% profit on Rubicon Minerals
  • 871% profit on Seabridge Gold
And there are more major blockbusters in the pipeline here at Economic Advice. See for yourself. Join us now without an ounce of risk.

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More profits to you,


James Rapholz,
Editor, Economic Advice

P.S. Scoring big on unknown stocks for years now, I've seen more than my share of profit breakthroughs. And what I see in American Eagle Energy (AMZG) leads me to believe this stock could be your biggest wealth-builder in years. That's why I'm telling you about it today. Buy AMZG and you'll want more great stock picks from me. That's why this research on American Eagle Energy is yours FREE... to show you the value of my experience and talents.
Buy AMZG today and prosper.