BNP Petroleum Acquires American Petroleum Corporation

BNP Petroleum has acquired 100% of the stock of American Petroleum Corporation, a North Texas oil and gas operations company. American Petroleum Corporation currently owns and operates wells in Archer and Wichita counties. American Petroleum is a fully bonded operator in the State of Texas.

BNP Director, Rafael Pinedo said today, "American Petroleum will begin immediately to operate and perform all the necessary work to assure that BNP's properties are in full compliance with the regulations of the Texas Railroad Commission and re-establish oil production on BNP's leases over the coming months."