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Monday, January 24, 2011

Oil and Gas Stocks; American Petro-Hunter (OTCBB: AAPH) Ships Inaugural Oil Production From No. 1 Well, North Oklahoma Project

Oil and Gas Stocks; American Petro-Hunter (OTCBB: AAPH) Ships Inaugural Oil Production From No. 1 Well, North Oklahoma Project

SCOTTSDALE, AZ � January 24, 2011 ( energy newswire) - American Petro-Hunter, Inc. (OTC.BB:AAPH) ("American Petro-Hunter" or the "Company") today is pleased to provide an update on the status of the No. 1 Well at the Company's North Oklahoma Project.
The No. 1 Well, the first well drilled by the Company in Oklahoma, is in production from the Woodford Shale and has completed its inaugural December sales shipment of 850 barrels to Sunoco Inc., the contracted purchaser. The No. 1 Well, located on one of the Company's 7 lease blocks covering thick sections of Woodford Shale has shown steady daily rates of 14 BPD from 40 feet of shale. The vertical test confirmed the Woodford as productive for oil and gas and is now being engineered as a potential horizontal drilling target with a 2,000 foot lateral under consideration.
Light Oklahoma sweet crude, quoted on Jan. 20th by Sunoco was $85.25. In a scenario similar to the previously announced NOJ26 gas production, the No. 1 is being connected for natural gas sales with plans to deliver the associated gas for sale and daily operational use at the project.
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:
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.
American Petro-Hunter, Inc.
Robert McIntosh
President & C.E.O.
To find out more about American Petro-Hunter, Inc. (OTCBB: AAPH), visit our website at
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