UNITED
STATES


SECURITIES
AND EXCHANGE COMMISSION


WASHINGTON
D.C.  20549


__________





FORM
10-KSB/A


__________


(Mark
One)





x
            ANNUAL
      REPORT UNDER SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF
      1934





For the
fiscal year ended December 31,
2007





o
            TRANSITION
      REPORT UNDER SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF
      1934





For the
transition period from ________________ to _____________________





Commission
File Number 0-50436





American
Energy Production, Inc.


(Name of
Small Business Issuer in Its Charter)





Delaware
              
              74-2945581(State
      or Other Jurisdiction of
              
              (I.R.S.
      Employerof
      Incorporation or Organization)
              
              Identification
      No.)
 
 6073 Hwy 281 South, Mineral Wells,
      TX
              
              76067(Address
      of Principal Executive Offices)
              
              (Zip
      Code)


(210)-410-8158


(Issuer’s
Telephone Number, Including Area Code)





Securities
registered under Section 12(b) of the Exchange Act:





Title of Each Class
              
              Name of Each Exchange on Which
      RegisteredNone
              
              None


Securities
registered under Section 12(g) of the Exchange Act:





Common
Stock, $0.0001 Par Value Per Share


(Title of
Class)





Check
whether the issuer is not required to file reports pursuant to Section 13 or
15(d) of the Exchange Act. o





Check
whether the issuer:  (1) filed all reports required to be filed by
Section 13 or 15(d) of the Exchange Act during the past 12 months (or for such
shorter period that the small business issuer was required to file such
reports), and (2) has been subject to such filing requirements for the past 90
days. Yes
x    No
o





Check if
there is no disclosure of delinquent filers in response to Item 405 of
Regulation S-B contained in this form, and no disclosure will be contained, to
the best of small business issuer’s knowledge, in definitive proxy or
information statements incorporated by reference in Part III of this Form 10-KSB
or any amendment to this Form 10-KSB. x





Indicate
by check mark whether the small business issuer is a shell company (as defined
in Rule 12b-2 of the Exchange Act). Yes o  No x





State
Issuer’s revenues for its most recent fiscal
year.       $1,581,661





As of
March 15, 2008, the aggregate market value of our common stock, $0.001 par
value, held by non-affiliates was approximately $7,181,809, based on 19,410,295
non-affiliate shares outstanding at $0.37 per share, which was the last reported
sales price of the Company’s common stock on the Pink Sheets for such
date).  (See definition of affiliate in Rule 12b-2 of the Exchange
Act.)





As of
March 15, 2008, there were 19,767,055 shares of our common stock issued and
outstanding.





Transitional
Small Business Disclosure Format (check one): Yes o  No x





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EXPLANATORY
NOTE





This
Amendment No. 1 on Form 10-KSB/A to our Annual Report on Form 10-KSB for the
fiscal year ended December
31, 2007 that was originally filed with the Securities and Exchange
Commission on March 31, 2008is
being filed to amend our certification filed pursuant to Exchange Act Rule
13a-14(a). Our certification was not in the exact form prescribed by Item
601(b)(31) of Regulation S-B as it omitted (i) paragraph 4(b) and (ii) the
portion of the introductory language in paragraph 4 that refers to the
responsibility of the certifying officers for establishing and maintaining the registrant'sinternal control over financial reporting.





Other
than the change noted above, this Amendment No. 1 on Form 10-KSB/A does not
change our previously reported consolidated financial statements or any of the
other disclosures previously contained in the Form 10-KSB filed on March 31,
2008.





SIGNATURES





In
accordance with Section 13 or 15(d) of the Exchange Act, the small business
issuer caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.




AMERICAN
      ENERGY PRODUCTION, INC.July
      24, 2008
              By:
              /s/ Charles
      BittersCharles
      BittersChief
      Executive Officer and Chief Financial Officer


In
accordance with the Exchange Act, this report has been signed below by the
following persons on behalf of the small business issuer and in the capacities
and on the dates indicated.




Signature
              
              Title
              
              Date/s/
      Charles Bitters
              
              President,
      Chief Executive Officer and Director (Principal Executive, Financial and
      Accounting Officer)
              
              July
      24, 2008Charles
      Bitters/s/
      Joe Christopher
              
              Director
              
              July
      24, 2008Joe
      Christopher










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