Point Roberts WA - November 3, 2010 (Investorideas.com Energy Newswire) � www.Investorideas.com reports on energy stocks trading as of the close of trading November 2, 2010. The DOW, NASDAQ and oil prices were all up on the close.
- AMEX OIL INDEX (^XOI) trading at 1,096.61, up 13.87 (1.28%)
- Amex Natural Gas Index (^XNG) trading at 557.65, up 7.61 (1.38%)
- American Energy Group Ltd. (OTCBB: AEGG) was one of the most active OTC stocks, $0.50 - $1.00, with volume: 1,336,182
- American Petro-Hunter, Inc. (OTC.BB: AAPH) trading at 0.32, up 0.02 (6.67%)
- Anadarko Petroleum Corporation (NYSE: APC) trading at $63.82, up $0.66 (1.04%)
- BP (NYSE: BP) trading at $41.42, gaining $ 0.65 (1.59%)
- Chevron Corporation (NYSE: CVX) trading up at $82.15, gaining $0.70 (0.86%) on over 9.5 million shares
- Exxon Mobil Corporation Common (NYSE: XOM) trading at $67.84, up 0.89 (1.33%)
- Union Drilling, Inc. (Nasdaq: UDRL) was one of the most advanced gainers on NASDAQ, trading at $5.12, up $ 0.68 (15.32%)
- Dow 11,188.72 +64.10 +0.58%
- NASDAQ 2,533.52 +28.68 +1.14%
- S&P 500 1,193.57 +9.19 +0.78%
- 10 Yr Bond (%) 2.5940% -0.0340
- Oil 84.29 +0.39 +0.46%
- Gold 1,351.60 -4.80 -0.35%
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
Recent news for Chevron Corporation (NYSE: CVX) Chevron Reports Third Quarter Net Income of $3.77 Billion, Down From $3.83 Billion in Third Quarter 2009
BP p.l.c. Common Stock (NYSE: BP) News
BP Returns to Profit in Third Quarter with Strong Operating Performance
Release date: 02 November 2010
BP announced today that a strong operating performance across the group helped it return to profit in the third quarter of 2010 despite an additional pre-tax charge of $7.7 billion in respect of the Gulf of Mexico spill.
Headline replacement cost profit for the third quarter was $1.8 billion, compared with a loss of $17.0 billion in the previous quarter and a profit of $5.0 billion in the third quarter of 2009.
On an underlying basis, after adjusting for non-operating items, third-quarter replacement cost profit was $5.5 billion, an increase of 18 per cent on the year-ago quarter.
Full news: visit BP website and investor relations
Union Drilling, Inc. (Nada: UDRL)
Union Drilling Reports 2010 Third Quarter Results
FORT WORTH, Texas, Nov. 2, 2010 -- Union Drilling, Inc. (Nasdaq: UDRL) announced today financial and operating results for the three and nine month periods ended September 30, 2010.
Revenues for the third quarter of 2010 were $52.0 million compared to $35.2 million in the third quarter of 2009. The Company reported a net loss of $4.4 million for the quarter, or $0.19 per share, compared to a net loss of $4.0 million, or $0.17 per share, during the third quarter of 2009.
EBITDA for the third quarter of 2010 totaled $6.2 million compared to $6.8 million reported in the same period last year. For additional information regarding EBITDA as a non-GAAP financial measure, please refer to the disclosures contained at the end of this release.
Full news: www.uniondrilling.com.
About Union Drilling
Union Drilling, Inc., headquartered in Fort Worth, Texas, provides contract land drilling services and equipment to oil and natural gas producers in the United States. Union Drilling currently owns and markets 71 rigs and specializes in unconventional drilling techniques.
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About American Petro-Hunter, Inc. (OTCBB: AAPH) - Featured energy stock on Investorideas.com
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 the AAPH showcase profile at InvestorIdeas.com
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