American Energy Fields Acquires 75% Membership Interest in Secure Energy LLC

- March 23rd, 2011

American Energy Fields, Inc. (OTCBB:AEFI) reports that it has completed the acquisition of 75.67774% of the membership interests of Secure Energy LLC.

American Energy Fields, Inc. (OTCBB:AEFI) reports that it has completed the acquisition of 75.67774% of the membership interests of Secure Energy LLC.

The press release is quoted as saying:

Drill logs show uranium mineralized roll fronts in sandstone, with uranium mineralization occurring within 350 feet of the surface. Additional layers of sandstone exist at deeper intervals but have not been cored or logged. Based upon historical data, the Company has identified the potential for development using either open pit or ISR mining methods.

 

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