energy stock news

Tuesday, January 4, 2011

Investor Alert for Energy Stocks January 3rd; (OTCBB: AAPH), (NASDAQ: IVAN), (AMEX: LEI), (NYSE:GMXR)

Point Roberts, WA � January 4, 2011 ( Newswire) -, a leader in sector research for investors, including energy stocks, reports on recent news and trading for oil and gas stocks January 3, 2011.
With oil trading in the $91.28 - 91.72 range today , the $100 price range predicted by analysts is a driving force for investors to get excited about energy stocks for 2011.
Energy stocks in this sector close-up include American Petro-hunter Inc (OTCBB: AAPH), Ivanhoe Energy Inc. (NASDAQ: IVAN), Lucas Energy, Inc (AMEX: LEI), and GMX Resources Inc. (NYSE:GMXR).
Energy Stocks trading at close January 3, 2010:
Lucas Energy, Inc. (AMEX: LEI) trading at $ 2.39, up 0.06 (2.58%)
  • Ivanhoe Energy Inc. (NASDAQ: IVAN) trading at $$ 2.97, up 0.25 (9.19%)
  • GMX Resources Inc. (NYSE:GMXR) trading up at $6.11, up 0.59 (10.69%)
  • American Petro-Hunter, Inc. (OTC.BB: AAPH) trading at $0.32, up 0.01 (3.19%)
Market Snapshot :
  • Dow 11,670.75 +93.24 +0.81%
  • Nada 2,691.52 +38.65 +1.46%
  • S&P 500 1,271.89 +14.25 +1.13%
  • 10 Yr Bond (%) 3.3420% +0.0370
  • Oil 91.66 +0.11 +0.12%
  • Gold 1,422.60 +1.50 +0.11%
Oil and Gas Stocks News and Updates
American Petro-Hunter, Inc. (OTC.BB: AAPH)
Recent News
Energy Stocks; American Petro-Hunter (OTCBB: AAPH) Reports NOJ26 oil well went on pump December 23rd
"SCOTTSDALE, AZ - December 27, 2010 ( energy newswire) - Energy company, American Petro-Hunter, Inc. (OTC.BB:AAPH) reports that the NOJ26 oil well went on pump as of December 23rd at the North Oklahoma Project and is now in production. This is the second producing oil well at the project.
The well completion program is now finished having undergone a light fracture stimulation ("frack") and acidization of the upper Mississippi oil pay zone formation. Prior to the frack, the 40 foot pay zone was successfully tested and showed an oil cut of over 40% light oil which is now steadily increasing following the completion of the acid treatment.
The well will require several days in order to establish a stable production rate as the remaining frack fluid load will be pumped off during this period. Once fluid removal is complete, the daily oil production rate can be established, which is currently anticipated for an initial production rate (I.P.) in excess of 125 BPD. Ultimately, the true test of the well will be the actual quantity of oil sent to the tanks over the upcoming weeks as it is expected that this early flash of oil will be followed by a period of well stabilization.
As reported earlier, the Company has engineered the next offset location near the NOJ26 and will be announcing a near term spud date sometime in January. With several high quality Mississippian and Woodford development locations engineered as well as exploration locations on the Company's leases, American Petro-Hunter is currently finalizing the 2011 drilling program and will update stakeholders when plans are complete.” Visit this company:
Full Article:
Lucas Energy, Inc. ( AMEX: LEI ):
Recent News
Lucas Energy Enters Into $6 Million Stock Offering
"HOUSTON, Dec. 27, 2010 -- Lucas Energy, Inc. (NYSE Amex:LEI), an independent oil and gas company, has executed agreements to raise almost $6 million from the sale of approximately 2.5 million units in a registered direct offering at a price of $2.38 per unit, based on the December 23, 2010 closing price. Investors included a select group of institutions and Hall Phoenix Inwood Ltd., an affiliate of Hall Phoenix Energy, LLC. Hall Phoenix Energy is a joint venture partner with Lucas in the Eagle Ford trend in South Texas.
"The proceeds raised will allow us to execute our Eagle Ford program as well as expand our other drilling and work-over activity during 2011," commented William A. Sawyer, President and CEO of Lucas Energy. "We are excited at the potential for receiving additional major cash infusions if these warrants are exercised."
Each unit consists of one share of common stock, a Series B warrant to purchase an additional share of common stock with an exercise price of $2.86, and a Series C warrant to purchase an additional share of common stock with an exercise price of $2.62. The Series B warrants are exercisable for 5 years following the 185th day following closing. The Series C warrants are exercisable for a 10-trading day period ending on the 215th day following closing. The company has the right to force the exercise of the Series C warrants if the market price of the Lucas common stock exceeds certain price levels and the company satisfies certain equity conditions. Net proceeds from the offering will be approximately $5.6 million.”
Full Article:
GMX Resources Inc. (NYSE:GMXR)
About GMX Resources Inc. (NYSE:GMXR):
GMXR is a 'Pure Play', E&P Company with operations in East Texas focused on Haynesville/Bossier (H/B) Horizontal Shale and Cotton Valley Sand (CVS) development. The Company believes multiple resource layers across the Company's East Texas property base provide a robust inventory for high probability, repeatable, organic growth and contain 262 net H/B Hz undrilled locations and 1,092 net CVS un-drilled locations. A substantial portion of the Company's leased acreage is contiguous, and the Company utilizes existing infrastructure throughout this property base. Visit for more information on the Company.
Ivanhoe Energy Inc. (NASDAQ: IVAN)
About Ivanhoe Energy Inc:
Ivanhoe Energy Inc. is an independent, international heavy oil development and production company focused on pursuing long-term growth in its reserves and production using advanced technologies, including its proprietary, patented heavy to light upgrading process (HTL™). Core operations are in Canada, Ecuador, China and Mongolia, with business development opportunities worldwide. Ivanhoe's shares trade on the NASDAQ Capital Market with the ticker symbol IVAN and on the Toronto Stock Exchange under the symbol IE.
American Petro-hunter Inc (OTCBB: AAPH)
About American Petro-Hunter, Inc.
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:
Visit the AAPH showcase profile at
Request News and Info on AAPH
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