Feb 23 (Reuters) - American Patriot Oil & Gas Ltd AOW.AX :
* Aow receives unsolicited takeover bid AOW.AX
* Bid is $0.22 per share for all the shares in aow, valuing the company at $35M
* Says the takeover bid is a cash offer of $0.22 per share for all the shares in aow
* Source text for Eikon ID:nASX48PrLk