Aeny up 7% ( coal producer ) on newsThey are also in Kentucky and mentioned how bad the weather was.....
Americas Energy Company Upland Church Mine Production for January 2010
2010-02-04 10:28 ET - News Release
KNOXVILLE, TN-- (MARKET WIRE)-- 02/04/10
Americas Energy Company-AECo (OTCBB: AENY)announced today that AENY's mine production for the month ending January2010 from its Upland Church Surface Mine was approximately 11,500 shorttons. The mine is located in Bell County, Kentucky on AECo's 1,732+ acreCardinal lease.
"The production from last month's operation was anticipated to be 11-12,000short tons in good climate. So we were once again extremely pleased withClear Development, our contract miner, for being able to perform inincredibly challenging weather conditions including record precipitations.Mr. Clear is now developing the fourth pit of coal on the Upland Churchproperty this week and we should see some resulting February production inthe next week," said Chris Headrick, President and CEO of Americas EnergyCompany. Mr. Headrick added, "Our contract miner on Hwy 92 (RocoEnterprises, Inc.) has completed the infrastructure work and reclamationwork required to begin delivering coal and is anticipated to startproduction on this project within the next two weeks."
About Americas Energy Company
We are a consolidator of high quality energy properties, operating out ofour main offices in Knoxville, TN. We currently operate projects in bothKentucky and Tennessee. AECo invests in energy projects throughout theAmericas. We are currently evaluating several additional coal projects, aswell as an oil and gas rework project in Southeastern Kentucky.
Southeastern Kentucky.