American Energy Fields, Inc. Participates in VCall Oil, Gas, and Energy Virtual Conference


PHOENIX, May 19, 2010 (GLOBE NEWSWIRE) -- American Energy Fields, Inc. (OTCBB:AEFI) (the "Company") would like to invite all shareholders and the investment community to attend the company's webcast today, Wednesday, May 19, at - 10:00 AM EDT from the Oil, Gas & Energy Virtual Conference.  The webcast will be available at the following link http://www.investorcalendar.com/IC/CEPage.asp?ID=158537.

The Oil, Gas & Energy Virtual Conference will bring together experts from across the industry to provide key insights that investors need to make smarter investment decisions.  The event will open on May 19th with webcast presentations from a number of companies representing a cross section of the sector including several other notable companies including Royal Dutch Shell Plc and NiMin Energy Corp.

The free webcasts will include the ability for investors to request more information and submit questions to the presenters. Attendees may be informed of the presentation schedule at the following link, register now.

About American Energy Fields, Inc.

American Energy Fields (AEFI) is a resource company focused on exploring and developing the alternative energy resources of the United States.  American Energy Fields' corporate strength lies in its management's experience in the finance and natural resource sectors.  AEFI has one of the most prolific mining databases for energy related projects within the United States.  With this database, AEFI will continue to target and acquire projects with previous production and/ or exploration and work towards fully developing those projects to drive revenues and build core reserves. 

Safe Harbor Statement 

Except for the statements of historical fact contained herein, the information presented in this news release constitutes "forward-looking statements" as such term is used in applicable United States and Canadian laws.  These statements relate to analyses and other information that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management.  Any other statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "expects" or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans, "estimates" or "intends", or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved) are not statements of historical fact and should be viewed as "forward-looking statements".  Such forward looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.  Such risks and other factors include, among others, the actual results of exploration activities, variations in the underlying assumptions associated with the estimation or realization of mineral resources, the availability of capital to fund programs and the resulting dilution caused by the raising of capital through the sale of shares, accidents, labor disputes and other risks of the mining industry including, without limitation, those associated with the environment, delays in obtaining governmental approvals, permits or financing or in the completion of development or construction activities, title disputes or claims limitations on insurance coverage.  Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended.  There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements.  Accordingly, readers should not place undue reliance on forward-looking statements contained in this news release and in any document referred to in this news release.



            

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