AMERICAN OIL AND GAS CORP <AOG> 4TH QTR LOSS
Shr loss 34 cts vs loss 2.14 dlrs
    Net loss 2,275,000 vs loss 9,560,000
    Revs 17.0 mln vs 19.9 mln
    Year
    Shr loss 49 cts vs loss 2.11 dlrs
    Net loss 2,661,000 vs loss 9,283,000
    Revs 73.5 mln vs 93.6 mln

    NOTE: Results have been restated to reflects equity
investment in WellTech Inc for one month ended Dec 31, 1986 and
its investment in American Well Servicing for the 11 months
ended Nov 30, 1986 and full year 1985.
    1986 and 1985 net include loss of 3,512,000 dlrs and
5,944,000 dlrs, respectively, for equity in WellTech and
predecessor operations.
 Reuter
