Investorideas.com - Oil and Gas Stocks on the Move October 12th; (OTCBB: AAPH), (NYSE: HAL), (NASDAQ: ATPG), (AMEX:KOG)
Point Roberts, WA – October 12, 2010 (Investorideas.com Energy Newswire) - InvestorIdeas.com, a leader in sector research for investors, reports on actively trading Oil and Gas Stocks to follow for the morning of October 12th.
Oil and Gas Stocks to watch include American Petro-hunter Inc (OTCBB: AAPH), Halliburton Company (NYSE: HAL), ATP Oil & Gas Corp. (NASDAQ: ATPG), and Kodiak Oil & Gas Corp (AMEX: KOG)
Oil and gas stocks are down in trading this morning following the recent run to their highest levels in five months. Energy investors ask if this is a pause before another bullish run?
Sector Snapshot: (Trading at time or release)
American Petro-hunter Inc (OTCBB: AAPH) trading at $0.33
Halliburton Company (NYSE: HAL), trading at $34.62, up 0.06 (0.17%)
ATP Oil & Gas Corp. (NASDAQ: ATPG) trading at $16.18, up 0.88 (5.75%)
Kodiak Oil & Gas Corp (AMEX: KOG) trading at $3.80, up 0.04 (1.06%)
Commodities (at time of release)Crude Oil Nov 10 81.70 -0.51 Gold Oct 10 1,347.60 -5.70 Natural Gas Nov 10 3.57 -0.03 RBOB Gasoline Nov 10 2.13 -0.04
Oil and Gas Stocks to Watch News
American Petro-hunter Inc (OTCBB: AAPH) Key Highlights and Recent Press
Latest News: October 11th
American Petro-Hunter Receives Independent Research Report From Grass Roots Research and Distribution, Inc.
“American Petro-Hunter, Inc. is pleased to announce the receipt of a newly completed research report developed by Grass Roots Research and Distribution, Inc., a well-known financial markets research firm. The full report is now available for review by shareholders and interested parties on the Company's website at www.americanpetrohunter.com
The research report updates the recent development and progress of the Company's oil and gas production projects in Oklahoma and Kansas and concluded with a price target of $1.02 per share. The Grass Roots Research report states that American Petro-Hunter is... "a lucrative investment opportunity in the oil and gas E&P space and provides an upside potential of 191.3% in the short and long term."
American Petro-hunter Inc. is a goal-oriented exploration and production (E&P) Company aiming to become an intermediate level oil and gas producer within 12 months. The Company is in production at the Poston Project in Trego County Kansas with new drilling activity and production underway at the North Oklahoma Oil Project. With the achievable target of becoming a 1000 BOE producer as our goal, American Petro-Hunter is actively on the "hunt" for domestic petroleum assets.
Full news: http://finance.yahoo.com/news/American-PetroHunter-Receives-iw-3470654761.html?x=0&.v=1
Visit the AAPH showcase profile on Investorideas.com to learn more: http://www.investorideas.com/CO/AAPH/
American Petro-Hunter Inc., Key Highlights
AAPH has acquired working interests in quality oil and gas projects currently focusing on gas in California and oil in Kansas
AAPH has drilled a successful commercial well on its first endeavor in Kansas.
AAPH has aligned itself with prudent, experienced and effective oil and gas professionals as project operators.
AAPH bases its acquisitions on a mix of acceptable risk, high reward and short payback in historically successful and productive regions.
AAPH plans to "grow by the drill bit" in "our back yard" as we believe the US Domestic oil and gas market will continue to grow in the face of alternative energy which is deemed to be years from maturity.
AAPH has the stated aim of becoming a 500 BOE producer within 18 months.
AAPH plans to invest in projects with manageable participation expenditures so as to minimize share dilution.
ATP Oil & Gas Corp. (NASDAQ: ATPG)
Recent News: “ATP Oil & Gas Corporation announced first oil production at its Mississippi Canyon 941 #3 well in the deepwater Gulf of Mexico. The initial rate and associated pressures exceeded original expectations and the well established a rate in excess of 7,000 Boe per day. The Mississippi Canyon 941 #3 well is located on the Mirage Field and is the second well brought on production at the Telemark Hub location utilizing the ATP Titan floating drilling and production platform. As per BOEM guidelines with initial production the MC 941#3 will be renamed the MC 941 A-1. When drilled, the A-1 well encountered four Miocene sands totaling 266 feet of pay. The A-1 well is completed at a measured depth of 16,300 feet in two of the discovered sands. Plans are to commingle production from the two completed sands.”
Full Article: http://finance.yahoo.com/news/ATP-Commences-Production-From-bw-3367900188.html?x=0&.v=1
About ATP Oil & Gas Corp. (NASDAQ: ATPG): ATP Oil & Gas is focused on development and production of oil and natural gas in the Gulf of Mexico and the North Sea. The company trades publicly as ATPG on the NASDAQ Global Select Market. For more information about ATP Oil & Gas Corporation, visit www.atpog.com.
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Disclosure, Disclaimer/ AAPH is a paid advertising client on Investorideas.com. American Petro-hunter Inc. (AAPH.OB) Oct 2010 - one month showcase energy stock on Investorideas.com and energy portals and blogs (three thousand per month)
Visit the AAPH showcase profile at Investorideas.com - http://www.investorideas.com/CO/AAPH/
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For info on American Petro-hunter Inc (OTCBB: AAPH) contact the company IR directly.
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