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Tuesday, March 15, 2011

Energy Stocks News; American Petro-Hunter (OTCBB: AAPH) Advises NOS227 a Commercial Oil Well

SCOTTSDALE, AZ � March 15, 2011 (Investorideas.com energy newswire) - American Petro-Hunter, Inc. (OTC.BB:AAPH) ("American Petro-Hunter" or the "Company") is very pleased to announce that as part of an ongoing drill program at the North Oklahoma Project in Payne County, Oklahoma, the latest oil well identified as NOS227 was drilled to a T.D. (total depth) of 3,820 feet and has been categorized as commercially viable.
NOS227 cut all three objectives as planned, these being the Mississippi of 85 feet, Woodford Shale of 45 feet and the lower Simpson of 4 feet. All three zones contain oil shows and following a suite of electronic logs, have the requisite permeability and porosity to produce oil in commercial quantities such that an immediate casing election was made.
The productive Woodford and Mississippi Formations were the primary objectives of the well and both thick section of pay will be completed along with the lower pay in the Simpson formation. Based on an engineering analysis of the well and logs, the Company believes the possibility of a Mississippian-Woodford well with comingled production from both formations is estimated to have a 100-150 BPD potential. American Petro-Hunter has a 50% interest in the well. An update regarding completion plans and timing will be released shortly as the Company plans to expedite the process in order to meet the rigorous drilling timetable for 2011.
As reported earlier, recent horizontal successes in the Mississippian and Woodford by other E&P companies active in Payne County has provided valuable information as to the potential of these two prolific formations for horizontal oil and gas potential. It has been confirmed on leases controlled by the Company that the combined 125 feet of Mississippi-Woodford is a highly attractive horizontal candidate.
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
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of our exploration program at our properties and any anticipated future production. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with petroleum exploration and development stage exploration companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-KSB for the most recent fiscal year, our quarterly reports on Form 10-QSB and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
ON BEHALF OF THE BOARD
American Petro-Hunter, Inc.
Robert McIntosh
President & C.E.O.
To find out more about American Petro-Hunter, Inc. (OTC.BB:AAPH), visit our website at www.americanpetrohunter.com
Contact:
Investor Relations:
Mountainview IR Services, Inc.
1-888-521-7762
investors@americanpetrohunterinc.com
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