Many investors often look to the larger oil and gas developers for a safe investment, and in a certain sense these types of companies are perhaps one of your more safe investments. Energy after all is always a need. There are, however, companies on the verge that may make better investments as they move forward with production and development plans. While some may look left at these more main-stream players, looking right for those companies that may be in the right place at the right time may be a bit more profitable. Care needs to be taken and research done, but if one picks wisely, profit will be there.

American Oil & Gas Inc., an oil and gas exploration company, works to explore and develop crude oil and natural gas deposits primarily in Colorado and Wyoming. The company holds natural gas interests through its American Tower Inc. subsidiary but is generally

American Oil & Gas Inc. is an independent oil and natural gas company headquartered in Denver, Colorado. Commencing operations in January of 2003, the company lists on the American Stock Exchange. They engage in the exploration, development, and production of hydrocarbon reserves, mainly in the Rocky Mountain region.

American currently owns interests in three core project areas: Douglas-Fetter, Goliath, and Krejci. Drilling is underway in all three of these areas, which represent company-acquired interests in more than 500,000 gross acres. These three projects are in areas where there is historical evidence of the existence of hydrocarbons.

The company’s Douglas acreage Fetter Prospect is in the Powder River Basin in Wyoming. The company is currently focusing on drilling three to eight additional wells in this area before 2008 ends. These wells will be within six miles of a natural gas processing plant, which means they will be wells that generate revenues quickly.