AMERICAN MINERALS GROUP - 2015 PORTFOLIO PLANS

1. TALIHINA GAS DRILLING PROJECT LeFlore County, Oklahoma

AMG has negotiated a farmout of 12,000 + acres in a contiguous block for
gas development in two formations. The Stanley Sand is secondary target at
depths beginning at 2,800 ft. and costs $250,000 each and I.P. should be 250
mcfg/day per well.
The Jackfork Sand is the primary target formation and will show up on the
north end of the project acreage at 5,900 ft. and AMG will probably drill to 8,000
ft. There is expected to be at least 1,000 ft. of Jackfork with 15 to 20 pay intervals
in the zone. AMG will drill first well on the location picked by Newfield Exploration
that had seismic data directing this spot as their primary first target well.
Location is already built so AMG can move in and get started easily.
The expected Initial Production is 1.5 to 3 million mcf gas per day.
Although, Newfield engineers have indicated that there could be as much as 10
Million CFGD per well from this area. AMG will acquire right of way to lay a 3 mile
8" steel pipeline to the 32" trunk line that runs through the AMG acreage.
*****AMG Proposes to drill 2 initial Jackfork Wells to 8,000 ft. and prove the
acreage then lay the pipeline and continue drilling up more acreage on
checkerboard pattern. Each Jackfork well should cost approximately $3.5 Million
to drill and complete x 2 = $7 Million.
The Right of Way and Steel Pipeline may costs as much as $1.5 Million.....
$8.5 Million Total project start cost. There will be sufficient acreage to drill up to
60 additional wells, but AMG will probably only drill 4 to 8 wells and then sell the
remaining drilling acreage and the BIG Gas Reserves to a public company for
their upside potential book values.
:
Drilling and Completion rigs and ancillary tangible equipment. Production
equipment for production string, tubing, tank batteries and other surface
equipment for efficient production operations. Since these wells be gas only - no
oil or water expected, there will not be a need for pumping units or any disposal
wells.
EQUIPMENT & PROCEDURES REQUIRED

PROJECT COST ESTIMATES: $8,500,000

2.

AM Development Drilling Project

Phase I
American #1 & #2
Phase II
American 3, 4, 5

Grimes County, Texas

AMG will Drill 2 wells on initial 60 acres to a depth of less than 3,000 feet. (20 Acre
Spacing) AMG has acquired an acreage position in Grimes County that is in a shallow oil and
gas trend in the Yegua Sands. This field was first drilled by Santa Rosa Operating in 2011. Their
initial wells had initial production rates of over 100 bbls per day and produced 30,000 barrels of oil
until the well switched to producing gas instead. The initial gas rates were approximately 1 million
cubic feet of gas per day.
They subsequently have drilled 3 more offset wells that all produced similarly. AMG plans to
drill 2 to 5 wells offsetting the Santa Rosa wells to the west about 1/2 mile. AMG believes that this
trend in widespread and prolific in the area around these proved producing wells. AMG feels that
as many as 10 to 15 wells could be drilled in the known producing Area of Mutual Interest and
could spread out further. Gas marketing facilities and pipeline are within 1 1/2 mile from farthest
well planned.

EQUIPMENT & PROCEDURES REQUIRED

Drilling and Completion rigs and ancillary tangible equipment. Production
equipment for production string, tubing, rods, pumping units, tank batteries and
other surface equipment for efficient production operations.
PROJECT COST ESTIMATES: $600,000

3. NON-OPERATED OIL & GAS PROPERTIES

Texas Oklahoma New Mexico Colorado North Dakota Louisiana
AMG proposes to follow the program that has proven very successful
providing low risks and much better than average "Return Of Investment /
Return On Investment" when compared to the majority of other oil and gas
drilling programs. AMG management has the experience and contacts to locate
individual drilling projects that are prime investments with great opportunity for
capital growth. The "Non-Op" program will basically be described as follows:
1) Locate and Negotiate prime prospects with experienced Oil Operators who
AMG can participate in their prospects at a low promoted or no promoted costs to
AMG.
2) AMG will participate in each Non-Op well at 1% to possibly 10%
3) These Non-Op wells will be Diversified Operators, Diversified Areas (Texas &
Oklahoma primarily), Diversified known and prolific producing zones (Oil & Gas).
4) Majority of wells will be Horizontal drilled but some will also be Vertical drilled.
5) Other Non-Op Programs that AMG team members has managed and
participated in have a track record of no dry holes, quick payouts, experienced
operators that know their area of operations and know how to drill, complete and
PRODUCE high quality properties. 6) AMG has the philosophy of utilizing our
many years of Industry contacts and experienced operators "To Ride On Their
Coattails" so to speak and participate in projects that these other quality
operators have already provided the geological research evaluations, land title
and leasing legalities, administrative work with landowners and regulatory
agencies, and engineering procedures to achieve successful drilling, completion
and production phases in these prime prospects. This NON-OP Investment
Program will begin when AMG has committed funds to participate a specified
amount of capital to pull the trigger on available prospects that AMG locates and
performs due diligence for a commitment in participation. AMG would like to
begin the "NON-OP PROGRAM" with an annual budget commitment of $3 Million
for this segment of AMG's Investment Portfolio
EQUIPMENT & PROCEDURES REQUIRED:
Cash Credit Line or Cash Commitment of funds when participation in prospect is
confirmed.
PROJECT COST ESTIMATES: $3,000,000 initial target commitment