Investorideas.com - Bakken Stocks News: (OTCBB: AAPH), (NasdaqGS: BEXP)
Energy Stocks Trading up for the day
Point Roberts WA- November 1, 2010 (Investorideas.com Energy Newswire) – www.Investorideas.com reports on recent stock news from the Bakken play including American Petro-Hunter (OTCBB: AAPH) and Brigham Exploration Company (NasdaqGS: BEXP).
American Petro-Hunter (OTCBB: AAPH) to Commence Fracture Stimulation Program at NOJ26 Well
No.1 Well Stabilizing With Increased Oilcut as Predicted
SCOTTSDALE, AZ - November 1, 2010 (Investorideas.com energy newswire) - American Petro-Hunter, Inc. (OTC.BB:AAPH) ("American Petro-Hunter" or the "Company") is pleased to announce that completion processes have been finalized and down hole fracture operations have commenced with the onset of commercial production anticipated shortly.
The operator has advised that fracture stimulation of the lower oil bearing shale formation will proceed today. The plan was developed based on the results of a core analysis of the 40 foot oil shale pay zone. The analysis identified that the shale should respond favorably to an engineered program well within industry norms for the prevalent conditions.
Full news: http://www.investorideas.com/CO/AAPH/news/11011.asp
Brigham Exploration Company (NasdaqGS: BEXP)
Brigham Exploration Announces Third Quarter 2010 Earnings Conference Call
Brigham Exploration Company (NASDAQ:BEXP ) will hold its conference call to discuss operational and financial results for the third quarter 2010 on Tuesday, November 2, 2010 at 11:00 AM ET (10:00 AM CT).
More info: http://finance.yahoo.com/news/Brigham-Exploration-Announces-iw-4259567616.html?x=0&.v=1
More info on the Bakken Play – article excerpt –
AP News -
"The Bakken is going gangbusters," Grape said. "Onshore and in the Lower 48, the Bakken has had the largest impact of anything in the last three years."
The only thing that would "rock the charts" as much as Bakken, Grape said, would be opening up Alaska's Arctic National Wildlife Refuge, believed to contain more than 10 billion barrels of recoverable oil.
Two years ago, the U.S. Geological Survey estimated that up to 4.3 billion barrels of oil could be recovered from the Bakken, using current technology. The agency called it the largest continuous oil accumulation it has ever assessed. http://abcnews.go.com/Business/wireStory?id=11975905
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About American Petro-Hunter, Inc. (OTCBB: AAPH)
The Company 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. Visit us at: www.americanpetrohunter.com
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