CORRECTING and REPLACING American Resource Technologies, Inc. Starts Its Multi-Well Recompletion in Kansas and Signs Long Term Consulting Contracts in

Friday, Jul 02, 2010

First graph, third sentence of release issued June 30, 2010, at 11 p.m. PT/July 1, 2010, at 2 a.m. ET should read: The operator expects the first wells on the Ownbey Lease to be completed and online the first week of July 2010 (sted The operator expects the first wells on the Linn Lease to be completed and online the first week of July 2010).

The corrected release reads:

AMERICAN RESOURCE TECHNOLOGIES, INC. STARTS ITS MULTI-WELL RECOMPLETION IN KANSAS AND SIGNS LONG TERM CONSULTING CONTRACTS IN SOUTH AMERICA

American Resource Technologies, Inc. (OTC: ARUR) (www.arur.us) initiated a multi-well recompletion project in SE Kansas and signed long term consulting contracts in South America. ARUR’s Kansas operator has started preparing existing wells for recompletion using new proven fracturing procedures similar to those used in the Barnett and Haynesville Shale to enhance production from unconventional gas zones on their Kansas leases. The operator expects the first wells on the Ownbey Lease to be completed and online the first week of July 2010.

ARUR President Fred Oden has completed successful negotiations with representatives of several Brasilian companies to discuss on-shore energy projects in Brasil. ARUR representatives will assist with implementing on-shore energy projects designed to provide a reliable energy source for their expanding populace.

American Resource Technologies, Inc. has both domestic and international operations. Our domestic operations are energy based with focus on fossil-fuel and renewable energy and their associated technologies. We specialize in using or developing new technologies to enhance production from proven reserves. We developed and applied for process and instrument patents for a new gamma ray detection and interpretation technology for Thor-Geotrac. This technology enables us to assist energy companies around the world in their efforts to locate and extract oil, gas and uranium. Internationally, we have two Brasilian affiliates which are fully authorized to conduct operation in Brasil. Ameribras Brasil is technology based and facilitates the implementation of new technology innovations throughout the country in the areas of communications and remote monitoring. Brasil Asset Management assists international companies with establishing operations in Brasil by obtaining government approval and authorization. This facilitation is applicable to any area but with principal focus on the on-shore energy sector.

 

Source: Business Wire