Headquartered in Calgary, Alberta, American Exploration has developed a solid and experienced management team with the mission to exploit oil and gas opportunities that remain undeveloped. The young company took a major step towards enhancing their future with the addition of Guggenheim Energy Opportunities to drill and develop the Haynesville acreage in Mississippi.

Guggenheim now joins forces with American Exploration and Mainland Resources, which was previously aligned with American, for the Haynesville Project. American and Mainland pooled their mineral leases, collectively totaling 13,225 acres. Guggenheim joins Mainland with an 8 percent working interest in the drilling and development of this project.

When asked what the addition of Guggenheim will mean to American Exploration, Company President and CEO Steve Harding was quoted as saying, “Guggenheim brings a great deal of technical depth and experience into the project and we look forward to working closely with their experienced principals. They have

Western Standard Energy Corp. (WSEG) is an independent oil and gas exploration company working toward providing domestic energy resources to the United States. The company is concentrating its exploration efforts to properties within the Bakken Formation region. Western Standard is currently working on two oil and natural gas projects: Starbuck East Prospect in Montana and Lodgepole Reef Prospect in North Dakota.

The U.S. Geological Survey (USGS) performed an initial assessment of the Bakken Formation in 1995. The USGS revisited the area and release its latest findings in April, 2008. New analysis indicates that the Bakken Formation may represent one of the largest domestic oil and gas opportunities in U.S. history. The USGS report estimates that the U.S. portion of the Bakken represents 3 trillion cubic feet (TCF) of natural gas and up to 4.3 billion barrels of recoverable oil, which is the largest continuous type of oil accumulation the USGS has