American Energy Development Confirms Rig Arrival and Setup on Cremer 1-1 on the Dansville Prospect

NEW YORK, April 24, 2012 (GLOBE NEWSWIRE) -- American Energy Development Corp. (AED) (OTCBB:AEDC) is pleased to report that the drilling rig has arrived on site for the commencement of drilling on the Cremer 1-1, located on the 1,343 acre Dansville Prospect in Southern Lower Michigan. The conventional rotary drilling rig arrived on the well site on Monday April 23, and is now in the process of rigging up to commence drilling on the Cremer 1-1 to a total depth of approximately 4,500 feet. As with th...continued AEDC

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