Energy Stocks; CFA Commentary on Woodford Shale

Point Roberts WA- November 19, 2010 – www.Investorideas.com, an investor research portal specialized
in sector investing including oil and gas stocks, makes CFA commentary on Woodford shale stocks
available for energy investors . The report features an overview on junior exploration and production
company American Petro-Hunter (OTCBB: AAPH) and its strategy in the shale play in Oklahoma.

Untapped Opportunity in Shale Oil

Lisa Springer, CFA

Energy stocks in this article: Devon Energy (NYSE:DVN), Chesapeake (NYSE:CHK), Sandridge
(NYSE:SD), ExxonMobil (NYSE:XOM), Newfield Exploration (NYSE:NFX) and American Petro-Hunter
(OTCBB: AAPH)

Excerpt:

Domestic shale energy plays have become so numerous that it is difficult to think of them as
unconventional these days. Shale formations such as the Bakken, Fayetteville, Marcellus, Barnett and
others have become household names in the oil and gas industry.

Another very active, but until recently little publicized shale play is the Woodford Shale, located in
Oklahoma. The shale is found at depths from 7,500 to 8,500 feet, and is generally 50 to 300 feet thick.
Drilling activity in the Woodford Shale has skyrocketed since Devon Energy drilled its first wells in 2005.
Since then, many large independents have acquired acreage and launched drilling programs. Among
the most active operators are Chesapeake , Newfield Exploration and XTO Energy, which was recently
acquired by ExxonMobil . The Woodford Shale is estimated to contain approximately 4 trillion cubic feet of
natural gas.

Partly because of the Woodford Shale, Oklahoma has emerged as one of the Lower 48’s biggest
producers, ranking second nationwide in gas production and fifth in oil production. Oklahoma has
some 90,000 wells and is home to major independent producers like Devon Energy, Chesapeake and
Sandridge.

Junior exploration and production company American Petro-Hunter (OTCBB: AAPH) has acquired
interests in seven northern Oklahoma lease blocks targeting shale targets, including the Woodford
Shale. At present, American Petro-Hunter is drilling shallow, vertical wells, which it plans to put to pump
immediately. In the future, the Company plans to drill horizontal wells as well to further exploit shale oil
production. American Petro-Hunter has opted to focus on shale plays because these wells typically have
long, stable reserve lives and predictable production.

Full report available here: http://www.investorideas.com/CO/AAPH/news/11161.asp

Lisa Springer, CFA -Bio and disclaimer: http://www.investorideas.com/About/Lisa-Springer-CFA/
The author, Lisa Springer is a freelance writer and was compensated (350) for writing this article by
Investorideas.com and doesn't own shares of any of the companies mentioned in this article.

Energy Stocks More info: American Petro-Hunter, Inc. (OTC.BB: AAPH)

http://www.aaphreport.com/
Visit the AAPH showcase profile at Investorideas.com
http://www.investorideas.com/CO/AAPH/

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Or
investors@americanpetrohunterinc.com

Energy Stock more info:
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http://www.investorideas.com/Companies/NaturalGas/
Visit the Oil and Gas stocks directory at Investorideas.com:
http://www.investorideas.com/OGSN/

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Disclaimer/ Disclosure: Compensation: American Petro-hunter Inc. (AAPH.OB) one month showcase
energy stock on Investorideas.com and all energy portals and blogs (twenty thousand per month). Lisa
Springer; three hundred fifty by Investorideas.com. Nothing on our sites should be construed as an
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