AED Group Completes 35,000 Acre Project in 17 Weeks

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Anderson Energy Development Group (AED) recently completed work on a 35,000 acre assessment, leasing and acquisition project in Southeast Texas. The project was completed in only 17 weeks at less than 60% of the anticipated bonus cost to the client.

Anderson Energy Development Group (AED) recently completed work on a 35,000 acre assessment, leasing and acquisition project in Southeast Texas. The project was completed in only 17 weeks at less than 60% of the anticipated bonus cost to the client.

The project, led by Gary Beggs of AED, was staffed with a 6-person crew less than four business days after the client initiated the project, with two additional landmen added within the first week. As the project matured, AED managed staffing levels and reduced contractor expense ahead of client requests.

AED was able to locate and contact 100% of the 119 mineral owners and successfully leased 99.16% of the targeted area. The single remaining potential lessor is now working with the client to reach agreement on specific surface issues as a result of AED's initial and follow-up contacts.

The AED team provided turnkey services on all leases, including pre-lease research, payment requests and delivery, courthouse filing, transactions database management, and complete Mineral Ownership and Lease Purchase files. Comprehensive electronic files were also delivered to the client.

Gary Beggs, CFO of AED, said, "We pride ourselves on the quality of services we provide to our clients. Yes, we're quick and efficient, but quality is our number one priority. Our business has experienced consistent growth in a down economy through our reputation for quality deliverables and hands-on management of every project."

ABOUT AED Group - AED Group leadership has over 24 years experience in the land services business. Founder Matthew Anderson and his team have been responsible for and researched over 120,000 acres in the last two years alone. AED can be found online at http://www.aedgrp.com.

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Matthew Anderson

Natalie Walker
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