Wednesday’s OTC Top Gainers: XTOG, SGCA, LUSI, SRCH; Oil and Gas Stocks Lead

Wednesday’s OTC Top Gainers: XTOG, SGCA, LUSI, SRCH

Oil and Gas Stocks Lead as Top Gainers

POINT ROBERTS, (18 Aug, 2011)   - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the OTCBB for Aug 17.

XTREME OIL & GAS INC   (OTC:XTOG) shares soared 0.195 (95.12%) to $0.40 with more than 442K shares traded hands after the company announced today that over the last 18 months, the Company has been successful in filing with the Securities & Exchange Commission a Form 10 and a S-1 Registration Statement (both approved), a 15C-211 with FINRA through Spartan Securities (approved), three years of Audited Financials and as part of the process of becoming a fully reporting company updated and completed a third party private valuation that concluded the Company was worth $102,520,900 or $2.24 per share today.

Strategic American Oil Corporation   (OTC:SGCA) surged 0.010 (8.00%) to $0.135 after announced that it has entered into a non-binding letter of intent ("LOI") to acquire SPE Navigation I, LLC ("SPE"), a private Texas company (the "Acquisition"). As set forth in the LOI, and subject to numerous conditions to closing, in consideration of the proposed Acquisition, the Company has agreed to issue to the shareholders of SPE an aggregate of 95 million restricted common shares of the Company upon the completion of the Acquisition.

LOUISIANA FOOD CO   (OTC: LUSI) added 0.110 (36.67%) to $0.41announced Southern Pecan as its Fall 2011 Voodoo Roast Seasonal Blend coffee [southernpecan].  This Southern Pecan blend offers a smooth twist to LUSI's Voodoo Roast Dark coffee and will become available in markets and online near the end of September 2011.

Searchlight Minerals Corp.   (OTC: SRCH) climbed 0.115 (21.50%) to $0.650. The stock has jumped about 80% in the past three trading session, after hitting a new 52-week low of $0.35 earlier this week. Searchlight Minerals Corp. (Searchlight) is an exploration-stage company engaged in the acquisition and exploration of mineral properties and slag reprocessing projects.

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Oklahoma Oil and Gas Stocks Snapshot; (OTCBB: AAPH), (NYSE:SEMG), (NYSE: SD), (NYSE:RRC)

Oklahoma Oil and Gas Stocks Snapshot; (OTCBB: AAPH), (NYSE:SEMG), (NYSE: SD), (NYSE:RRC)

Point Roberts, WA. August 17, 2011 (Investorideas.com Energy Newswire) - www.InvestorIdeas.com, a leader in sector research including oil and gas stocks, issues a trading snapshot on Oklahoma, Mississippian Formation oil and gas stocks for August 17th.

Semgroup (NYSE: SEMG ) shares jumped 14% on the 15th on strong Second Quarter results.
The Company reported, “SemGas reported operating income of $3.0 million for the second quarter of 2011, $2.2 million higher than the same period last year as new wells in the Mississippian Oil Trend in northern Oklahoma significantly increased utilization rates. ”

Junior player, American Petro-Hunter, Inc. (OTCBB: AAPH) reported today that drill site operations have commenced in preparation for the next horizontal oil well at the Company's North Oklahoma Mississippi Project development. Site arrangements are underway including permitting and requisite documentation in advance of the spud of the newly designated NOW-2H well. The directional drilling contractor has been secured and the Company expects a spud date shortly.

Crude Oil Sep 11 is trading up at $88.31, up1.66 (1.92%). Energy stocks pulled back with the general market in yesterdays’ trading but are seeing gains today.

Oklahoma Oil and Gas Stocks Trading Snapshot
American Petro-Hunter, Inc. (OTCBB: AAPH) trading in a range of $0.39- $0.42
Devon Energy Corporation (NYSE: DVN ) trading $69.52, up 0.58 (0.84%) 11:02AM EDT
Range Resources Corporation (NYSE: RRC ) trading at$ 62.67 0.29 (0.46%) 11:02AM EDT
SANDRIDGE ENERGY INC (NYSE: SD ) trading at $7.91, up 0.22 (2.86%) 10:59AM EDT
Semgroup (NYSE: SEMG ) continuing gains, trading at $21.36, up 0.31 (1.47%) 11:00AM EDT

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Featured Oklahoma Oil and Gas Stock
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 and the North Oklahoma 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

Investor Relations:
Mountainview IR Services, Inc.
1-888-521-7762
investors@americanpetrohunterinc.com

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Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. www.InvestorIdeas.com/About/Disclaimer.asp
Disclosure: AAPH is a paid showcase energy stock on Investorideas.com (third party, averages three thousand per month)
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894

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More Investorideas.com Oil and Gas Investor content : www.OilandGasStockNews.com an energy stocks investor portal within InvestorIdeas.com provides investor research, energy stocks and industry commentary from Karl Miller, stock news and energy links as well as a directory of public companies within the oil and gas sector. Investors can follow energy news by subscribing to the energy stocks newswire at: http://www.investorideas.com/RSS/feeds/Energy.xml Oil and gas stocks - become a showcase energy stock on www.investorideas.com and its energy portals and blogs for as little as $1000 month !

Oil and Gas Stocks Sector Close-Up; Trading for (OTCBB: AAPH), (OTCQB: USOG), (NYSE:CVX), (NYSE:NOV)

Oil and Gas Stocks Sector Close-Up; Trading for (OTCBB: AAPH), (OTCQB: USOG), (NYSE:CVX), (NYSE:NOV)

Point Roberts, WA – October 10, 2010 (Investorideas.com Energy Newswire) - InvestorIdeas.com, leader in sector research for investors, reports on  Oil and Gas Stocks news and trading for Friday’s close for energy investors.

Oil and Gas Stocks include American Petro-hunter Inc (OTCBB: AAPH), United States Oil & Gas Corp (OTCQB: USOG), Chevron Corp (NYSE:CVX), and National Oilwell Varco, Inc (NYSE:NOV)

Sector Snapshot: (as of close Oct 8^th)

American Petro-hunter Inc (OTCBB: AAPH) trading at $0.32

United States Oil & Gas Corp (OTCQB: USOG) trading at $0.0021 - 0.0026 on over 19 million

Chevron Corp (NYSE:CVX), trading at $83.94, up 0.42 (0.50%)  

National Oilwell Varco, Inc (NYSE:NOV) trading at 46.61, up 0.97 (2.13%)  

Market Snapshot:

Crude Oil Nov 10 83.13 +0.47 Crude Oil Nov 10

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Gold Oct 10 1,346.70 +3.80 Gold Oct 10

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Natural Gas Nov 10 3.64 -0.01 Natural Gas Nov 10

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RBOB Gasoline Nov 10 2.16 +0.01

Oil and Gas Stocks to Watch News

American Petro-hunter Inc (OTCBB: AAPH) Key Highlights and Recent Press

Latest News: October 4^th

American Petro-Hunter Prepares NOJ26 for Commercial Oil Production at North Oklahoma Project

“American Petro-Hunter, Inc. is pleased to advise that the previously announced plans for completion of the NOJ26 well at the North Oklahoma Oil Project have commenced. Operations are now underway in order to prepare the well for commercial production. This includes the purchase of a pumping unit and tank battery which are currently undergoing installation at the well site.

Based on an assessment of the well and analysis of the oil shows, the partners have concluded to commence the completion program by first addressing the lower of the two 40 foot pay zones. The oil shale will be perforated, acidized and subsequently put on pump. The completion efforts will culminate in swab and flow testing of the oil bearing shale formation to determine what the zone can and will deliver on a BPD (barrel per day) basis. The Company is confident that based on strong oil shows and subject to fracture stimulation in the shale, the lower pay zone will produce at rates in excess of the No. 1 well which tested at 80 BPD under similar conditions. The upper pay zone directly above the shale at NOJ26 exhibited excellent oil shows and log responses and will be put into production following a period of evaluation in order to maximize the response from the shale..”

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-Prepares-iw-3195731505.html?x=0&.v=1

Website: http://www.aaphreport.com/

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.

-AAPH strives to build stakeholder value by prudent management that integrates a "shareholder first" philosophy.

-AAPH will be open, honest and transparent on all projects so as to ensure stakeholders receive accurate, up-to-date project information on a consistent basis

-AAPH will be a good corporate citizen, ensuring our operations meet or exceed all regulatory standards for the environment

-AAPH plans to continue the "hunt for petroleum" as it believes the answer to our reliance on foreign energy is "right next door."

United States Oil & Gas Corp (OTCQB: USOG)

 Recent News: “United States Oil and Gas Corp is pleased to announce that as a result of its registration statement with the SEC becoming effective and remaining current in its required filings, its common shares are now trading on the OTC market for U.S. registered companies. The Company's ticker symbol, USOG, remains the same.”

Full Article: http://finance.yahoo.com/news/United-States-Oil-and-Gas-iw-3489930450.html?x=0&.v=1

About United States Oil & Gas Corp (OTCQB: USOG): United States Oil and Gas Corp is focused on acquiring and growing domestic oil and gas services companies. We target mid size family-run businesses with historically profitable results, strong balance sheets, high profit margins, and solid management teams in place. Our subsidiary, Turnbull, which had revenues of $14 million in 2009, was founded in 1965. We own all of the facilities and equipment used at our locations in Plainville, Utica, and Palco, Kansas. Our subsidiary, United, was founded in 2003, and sells and distributes refined oil and gas products including specialty racing fuels throughout North Dakota as well as regions of South Dakota and Montana. We own and operate a convenience store in Belcourt, and hold approximately six acres of developable land located in Bottineau, North Dakota.

Chevron Corp (NYSE:CVX)

About Chevron Corp (NYSE:CVX): Chevron is one of the world’s leading integrated energy companies, with subsidiaries that conduct business worldwide. The company’s success is driven by the ingenuity and commitment of its employees and their application of the most innovative technologies in the world. Chevron is involved in virtually every facet of the energy industry. The company explores for, produces and transports crude oil and natural gas; refines, markets and distributes transportation fuels and other energy products; manufactures and sells petrochemical products; generates power and produces geothermal energy; provides energy efficiency solutions; and develops the energy resources of the future; including bio-fuels. Chevron is based in San Ramon, Calif. More information about Chevron is available at http://www.chevron.com/.

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Disclaimer: The following American Petro-Hunter Inc news is paid for by third party on behalf of showcase energy stock AAPH (three thousand per month). Investorideas.com is a third party publisher of news and research .Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. This site is currently compensated by featured companies, news submissions and online advertising.

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For info on American Petro-hunter Inc (OTCBB: AAPH) contact the company IR directly.

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Weaker Dollar Propels Oil Higher Amid Mixed Economic News

Weaker Dollar Propels Oil Higher Amid Mixed Economic News

Oil Market Summary for 09/20/2010 to 09/24/2010

Crude oil prices battled their way to a gain for the week as worries about the economy warred with the upward pressure from a weakening dollar.

Positive news in several categories of durable goods orders helped boost oil prices nearly 2% on Friday, so that the benchmark West Texas Intermediate futures contract, which switched from October to November this week, could tack on nearly 4% for the week.

The dollar was under pressure most of the week as the prospect of further quantitative easing from the Federal Reserve pushed the U.S. currency down against the euro, yen and most other major currencies. The failure of Japanese authorities to intervene further by selling yen also contributed to the dollar’s decline.

A decline of the dollar in foreign exchange markets generally means an increase in oil prices, which are denominated in dollars. In the middle of the week, concerns about oversupply and faltering demand for oil outweighed the impact of the weaker dollar and kept oil prices depressed.

The benchmark contract finished the week at $76.49 a barrel, compared to $73.66 the previous Friday. The euro gained more than 3% against the dollar during the week, trading at $1.3486 late Friday.

The dollar traded marginally lower against the yen Friday, at 84.34 yen, after spiking above 85 yen earlier in the day on rumors that Japan’s central bank might be selling yen again. The dollar fell back Friday as it became evident Japanese authorities were not intervening.

The Bank of Japan intervened in currency markets last week for the first time in six years to brake the rise of the yen against the dollar. A higher exchange rate makes it more difficult for Japanese exporters to compete in world markets.

The U.S. Commerce Department on Friday reported a decline of 1.3% of durable goods orders in August, but the breakdown showed the decline due to a drop in orders of transportation equipment while most other categories showed strong gains. The relatively strong showing for capital goods indicated the corporations were investing for further growth.

The midweek inventory report from the U.S. Energy Information Administration was bearish for oil prices because it showed a gain of 1 million barrels when economists had been expecting a decline of 1.5 million barrels in inventories. Inventory gains indicate weak demand for crude oil.

Source: http://oilprice.com/Energy/Oil-Prices/Weaker-Dollar-Propels-Oil-Higher-Amid-Mixed-Economic-News.html

By. Darrell Delamaide for OilPrice.com who focus on Energy, Finance and Geopolitical news. OilPrice.com also has a geopolitics <a href="http://oilprice.com/Geo-Politics/" target="new">geopolitics </a> newsletter that is delivered twice a week for free.

           

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