Advanced Environmental Petroleum Producers (OTCQB: AEPP) this morning said it had received clearance to manufacture and install the full Pilot Plant from its exclusive technology supplier Pointsource Processing (PSP) for the extraction of gas and oil after receiving the acceptance of its Technical Evaluation Agreement (TEA) for Block 19 Certificate. “AEPP can now instruct Chapman Petroleum Engineers from Calgary Alberta Canada to proceed on site to complete the 51-101 Petroleum Reserve Report for Block 19,” Nigel Bosworth, AEPP’s chief technology officer, stated in the news release.
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About Advanced Environmental Petroleum Producers, Inc.
AEPP will become an oil and gas exploration and development company, operating in Peru where it has a number of targets in the highly prospective Block 19 of the southern region of that country. The Company will hold an exclusive license, which entitles it to explore and develop certain oil and gas properties known as “Block 19,” an area of 10,100 square km. For more information, please contact: Peter.Weichler@aeppinc.com
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