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Wednesday, May 11, 2011

Oil and Gas News Alert; American Petro-Hunter (OTCBB: AAPH) Announces the Addition of Two New Wells on Pump

SCOTTSDALE, AZ � May 11, 2011 (Investorideas.com energy newswire) - American Petro-Hunter, Inc. (OTC.BB:AAPH) ("American Petro-Hunter" or the "Company") is very pleased to announce today that the Company has brought both of its newest wells on pump at two separate North Oklahoma Project locations.
Pump equipment has been successfully installed at the NOS122 well site and has begun a test phase. Prior to installation, the well "free-flowed" oil to the test tank. Previous swab tests resulted in high gravity oil of 100% oil cut with no water from 6 feet of pay. Initial test results look excellent and American Petro-Hunter is anticipating a strong producer.
The well will continue to be evaluated over a period of weeks in order to identify initial production rates and ultimately to determine stable production rates projected over time. The tank battery and full production facilities are under construction. The Company has a minimum of 3 additional offsets to the NOS122 for future development and site engineering has been designed to accommodate future production requirements.
The second location to go on pump this week was at the NOS227 well site. Following a "multi-stage surge frack," where multiple injections of liquefied frack sand "proppants" were forced under high pressure into the Mississippi pay zone, the stimulation process successfully fractured the limestone reservoir allowing for an anticipated increase in the flow of oil. In readiness for commercial production, the pumping unit, rods and tubing have already been installed at NOS227. Over the next 12-15 days the frack load will be pumped off allowing the oil to commence flowing freely.
American Petro-Hunter has a 50% interest in both wells and production from the NOS122 and NOS227 will be sold alongside output from the No. 1 and NOJ26 wells to Sunoco, the regional purchaser. The latest achievements will increase the Company's revenue advantage to 4 producing wells in Oklahoma and two in Kansas.
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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