UPDATE: American Oil & Gas  AEZ announces Bakken and Three Forks participation agreement at the Goliath Project. AEZ Co has entered into a participation agreement at its Williams County, North Dakota Goliath project with an industry company that has extensive experience in Bakken and Three Forks drilling and completion activities. Pursuant to the agreement, the industry company will have the opportunity to earn 25% of American’s working interest in approximately half of the 60,000 net acres at Goliath by funding 100% of American’s interest in a one well drill-to-earn arrangement. American will be carried for and will retain 30% of its original interest in the well and the drill site spacing unit. The industry company will also pay up to an additional $1.1 million to American as part of the agreement. The drilling location has been prepared for the Tong Trust 1-20H earning well, located in Sections 17 and 20 of T157N-R96W, Williams County, North Dakota and drilling is expected to commence before year-end.  Suggested at $3.40. Retain Position to projected EXIT POINT — see portfolio table.