AEP land

Here's a thought:  Doesn't AEP own like 60,000 acres in Eastern Morgan Co?  One would assume they own the minerals.  Won't they do quite well if the oil/gas play goes as well as we hope it does?

Should I by some of their stock?

 

Wonder if they will have to pay 40%+ income tax on their royalties?

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Replies to This Discussion

Permalink Reply by DrillBABY on June 30, 2011 at 7:33am
It's funny you say that Gary, I was thinking about all that AEP ground as well. The strip mines is a huge contiguous tract of ground, very appealing to drill on. I wonder though, if there is additional coal seams under the AEP ground they may be reluctant to allow a bunch of drilling. I know the coal companines are constantly battling O/G operators in WV for this very reason. Drilling disruptes long wall mining.
Permalink Reply by Marinell on February 5, 2012 at 6:18am

Is AEP the same as Ohio Power Company?

Are they drilling in Morgan County, yet?  Where?

Permalink Reply by Dan on February 15, 2012 at 2:47am

AEP & Ohio Power are the same.  Don't know about any drilling there.

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