Thursday, February 9, 2012

American Energy Group, Ltd. Announces Initiation of Legal Proceedings to Enforce Yasin Production Payments

WESTPORT, Conn., Feb. 9, 2012 (GLOBE NEWSWIRE) -- The American Energy Group, Ltd. (Pink Sheets:AEGG) announced today that it has initiated legal proceedings in the High Court of Islamabad Pakistan against Hycarbex-American Energy, Inc. ("Hycarbex") and its parent company, Hycarbex Asia Pte. Limited ("Hycarbex-Asia"), and third parties to enforce the provisions of the existing agreements pertaining to the Yasin, Sanjawi and Zamzama North petroleum concessions in which American Energy holds an interest....continued
     

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