Investorideas.com energy stock news

Friday, June 24, 2011

Oklahoma Oil and Gas Stock, Osage Exploration and Development (OTCBB: OEDV), Gets Media Coverage in Leading Publications Following News on Horizontal Mississippian Nemaha Ridge Project

Point Roberts, WA - June 24, 2011 (Investorideas.com Energy Newswire) - www.InvestorIdeas.com, a leader in sector research including oil and gas stocks, issues a media coverage alert and stock chart for Oklahoma energy stock, Osage Exploration and Development, Inc. (OTCBB: OEDV).
The Company has received media coverage in Gas Business Briefing, The Wichita Eagle, AP, Pennenergy.com and others in the energy space following news in May that Slawson Exploration Company, Inc. and U.S. Energy Development Corporation have acquired 45% and 30% respectively of Osage’s Nemaha Ridge project in Oklahoma for gross consideration of $4,875,000.00 plus a 10% net carry on the first three horizontal Mississippian wells.
Investorideas.com Media Coverage:
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Osage News:
Osage (OTCBB: OEDV) Joint Ventures Its 10,000 Acre Horizontal Mississippian Nemaha Ridge Project
SAN DIEGO - May 26, 2011 (Investorideas.com energy stocks newswire) - Osage Exploration and Development, Inc. (OTCBB: OEDV) is pleased to announce that it has closed an agreement whereby Slawson Exploration Company, Inc. and U.S. Energy Development Corporation have acquired 45% and 30% respectively of Osage's Nemaha Ridge project in Oklahoma for gross consideration of $4,875,000.00 plus a 10% net carry on the first three horizontal Mississippian wells.
"We are very proud to have attracted such high quality partners for our horizontal Mississippian project. Not only do we have great financial partners, Slawson, as our Operator brings a wealth of horizontal drilling expertise having drilled over 150 Horizontal Bakken wells. I believe that the quality of our partners speaks to the quality of our project," stated Greg Franklin, Osage's VP Exploration.
Slawson Exploration Co. Inc. ("Slawson") is a 50 year old, family owned and managed exploration firm headquartered in Wichita, KS with regional offices in Denver, Houston, and Oklahoma City. The company was founded by Don Slawson in 1957 and is currently operated by his three sons Craig Slawson, Todd Slawson and Steve Slawson.
Slawson has been notable as one of the nation's leading wildcatters throughout its history, often ranked in the top ten in the country. They have drilled over 3500 wells and have operated in the Anadarko Basin for 35 years, in Kansas for 50 years, the Williston Basin for 30 years as well as in other basins. Slawson is a leading innovator in the Horizontal Bakken play with over 150 operated horizontal wells. In 2010 Slawson was ranked in the top 15 private oil producers in the U.S. in terms of operated volume. http://www.slawsoncompanies.com/exploration.html
U.S. Energy Development Corporation is a vertically integrated, independent oil and natural gas driller and producer. The company is consistently ranked among the Top 50 Independent Oil & Gas Drillers in the United States and is one of the largest operators in New York and Pennsylvania. U.S. Energy Development Corporation is a proven operator having drilled more than 2,500 wells over the past 30 years throughout eight states and Canada, with a current lease inventory in excess of 300,000 acres. www.usenergydevcorp.com
Full News: http://www.investorideas.com/CO/OEDV/news/2011/05261.asp
About Osage Exploration and Development, Inc. ( OTCBB: OEDV)Based in San Diego, California with production offices in Oklahoma City, Oklahoma, and executive offices in Bogotá, Colombia, Osage Exploration and Development, Inc. is an independent exploration and production company with interests in oil and gas wells and prospects in the US and Colombia. www.osageexploration.com
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Disclosure: OEDV is a paid advertising oil and gas company on Investorideas.com - Disclosure: (6 months starting May 24, 2011 thirty five hundred per month, 100,000 144 shares)
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C Van Zant: 800-665-0411 - cvanzant@investorideas.com
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Osage Exploration and Development, Inc. (OEDV.OB) is a showcase oil and gas stock on Investorideas.com
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Disclosure : (6 months starting May 24, 2011 thirty five hundred per month, 100,000 144 shares)

Thursday, June 23, 2011

Energy Stock Trading Alert - (OTCBB: AAPH), (NASDAQ:PSTR), (NYSE:WNR)

Point Roberts, WA - June 23, 2011 (Investorideas.com Energy Newswire) - www.InvestorIdeas.com, a leader in sector research including oil and gas stocks, releases a trading alert for Oil and Gas stocks June 22nd. Oil closed at $ 94.48 +0.26 +0.28%.
American Petro-Hunter Inc. (OTCBB:AAPH) just a week ago announced that that the well completion program is fully underway and that production testing of the Mississippi oil formation is currently ongoing at the recently drilled NOM1H Horizontal well at the Company's growing North Oklahoma Project. The well is being readied and prepared for the onset of commercial production.
PostRock Energy Corporation (NASDAQ:PSTR) announced on Tuesday that it will buy 24.5% stake in Constellation Energy Partners LLC.
PostRock Energy Corporation ("PostRock") today announced that it had agreed to purchase all of Constellation Energy Group, Inc.'s CEG +0.61% interests in Constellation Energy Partners LLC CEP will acquire 5,918,894 Class B Member Interests, representing approximately 24.5% of that class along with all outstanding Class A, Class C and Class D Member Interests.
In the transaction, PostRock will receive all of CEG's voting rights, including its right to appoint two of the five members of CEP's Board. CEG will receive consideration comprised of $11.25 million of cash, $11.25 million of PostRock common stock and warrants to acquire an additional 1.5 million shares of PostRock common stock at a premium to market. Closing is subject to approval of the transaction by the independent directors of CEP and a vote by PostRock's shareholders. In the PostRock vote, White Deer has pledged the support of its 45% voting interest. PostRock and CEP both have the majority of their assets and operations in the Cherokee Basin of Kansas and Oklahoma.
Western Refining, Inc. (NYSE:WNR) was upgraded to buy from hold at Deutsche Bank, which has a price target of $24.
Western Refining has begun operating the 17 Catalina Mart stores it acquired from the Loma Catalina Co. earlier this month, according to an El Paso Times report.
The company will re-brand the stores to its Giant brand, but will keep their Chevron- and Shell-branded gasoline, said Gary Hanson, spokesman for Western Refining.
Oil & Gas Stocks Sector Trading Snapshot
  • American Petro-Hunter Inc. (OTCBB:AAPH) closed higher by 0.010 (2.13%) at $0.48.
  • PostRock Energy Corporation (NASDAQ:PSTR) jumped 0.56 (10.33%) and closed at $5.98.
  • Western Refining, Inc. (NYSE:WNR) ended the day at $17.52, up 1.71 (10.82%)
  • Devon Energy Corporation (NYSE: DVN ) fell 0.13 (-0.17%)to closed at $78.09.
  • Cimarex Energy (NYSE: XEC ) rose 0.08 (0.09%) to ended the day at $85.72.
  • Continental Resources, Inc. (NYSE: CLR ) closed at $61.13, down 0.29 (-0.47%).
  • Dune Energy, Inc. (OTC:DUNR) surged 0.020 (3.08%) to $0.67.
  • Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) rose 0.96 (2.61%) to $37.77.
About American Petro-Hunter, Inc. (OTC.BB: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. www.americanpetrohunter.com.
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Disclaimer: Investorideas.com is a third party publisher of news and research American Petro-hunter Inc. (AAPH.OB) is showcase energy stock on Investorideas.com and energy portals and blogs (four thousand per month).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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American Petro-hunter Inc. (AAPH.OB) showcase energy stock on Investorideas.com and energy portals and blogs (averages two thousand per month)

Tuesday, June 21, 2011

Oil and gas investor news alert for Osage Exploration and Development, Inc. (OTCBB: OEDV)

Point Roberts, WA - June 21, 2011 (Investorideas.com Energy Newswire) - www.InvestorIdeas.com, a leader in sector research including oil and gas stocks, issues an oil and gas investor news alert for Osage Exploration and Development, Inc. ( OTCBB: OEDV). The Company reported yesterday that along with its partners, Slawson Exploration Company and US Energy Development Corporation, it continues to expand the Nemaha Ridge Mississippian prospect by announcing another land acquisition milestone, topping 11,000 net mineral acres across 40 sections in Logan County, Oklahoma.
The stock has moved from $0.18 to its current range of high $0.20's and low $0.30 cents since it originally announced its partnership with Slawson Exploration Company and US Energy Development Corporation.
Slawson Exploration Company is the Operator of the project and owns 45%, US Energy Development Corporation owns 30%, and Osage Exploration has 25%.
"As we move forward in developing this project, we remain committed to expanding our footprint. While our Colombian assets continue to perform well, it is fair to say that we are very focused on building our Oklahoma exposure for the immediate future.
Full news:http://www.investorideas.com/CO/OEDV/news/2011/06201.asp
More about Osage (OTCBB: OEDV)
Osage Exploration and Development, Inc. ( OTCBB: OEDV)
Based in San Diego, California with production offices in Oklahoma City, Oklahoma, and executive offices in Bogotá, Colombia, Osage Exploration and Development, Inc. is an independent exploration and production company with interests in oil and gas wells and prospects in the US and Colombia. www.osageexploration.com
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Company News:
Osage (OTCBB: OEDV) Joint Ventures Its 10,000 Acre Horizontal Mississippian Nemaha Ridge Project
Full News: http://www.investorideas.com/CO/OEDV/news/2011/05261.asp
Company Q&A: Q&A Interview with Kim Bradford, President and CEO of Osage (OTCBB: OEDV), Following News of Joint Venture with Slawson Exploration Company, Inc. and U.S. Energy Development Corporation
Full interview: http://www.investorideas.com/CO/OEDV/news/2011/05312.asp
Request news and trading alerts on OEDV
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Disclaimer: 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.
Disclosure: OEDV is a paid advertising oil and gas company on Investorideas.com - Disclosure: (6 months starting May 24, 2011 thirty five hundred per month, 100,000 144 shares)
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Osage Exploration and Development, Inc. (OEDV.OB) is a showcase oil and gas stock on Investorideas.com
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Disclosure : (6 months starting May 24, 2011 thirty five hundred per month, 100,000 144 shares)

Monday, June 20, 2011

Energy Stock News; Land Acquisition in Nemaha Ridge Mississippian Project Now in Excess of 11,000 Net Mineral Acres Reports Osage (OTCBB: OEDV) and Partners, Slawson and USEDC

SAN DIEGO, CA - June 20, 2011 (Investorideas.com energy stocks newswire) - Osage Exploration and Development, Inc. (OTCBB: OEDV), an independent exploration and production company, reports it continues to expand the Nemaha Ridge Mississippian prospect and has reached 11,000 net mineral acres across 40 sections in Logan County, Oklahoma. Partners in the project include Slawson Exploration Company as the Operator of the project, owning 45%, US Energy Development Corporation with 30%, and Osage Exploration has 25%.
"As we move forward in developing this project, we remain committed to expanding our footprint. While our Colombian assets continue to perform well, it is fair to say that we are very focused on building our Oklahoma exposure for the immediate future.
"It is a rare opportunity that we have with this Mississippian project. It is a tremendously economic target in its own right, and additionally this area has multiple formations that have historically produced oil and gas such as the Cherokee sands, Layton, Cleveland, Hunton Lime, Viola, Woodford Shale, and Oswego. It is anticipated that many of these formations may be found productive over the prospect acreage as development and analysis progresses," stated Kim Bradford, Chairman and CEO.
"We absolutely believe that we have years of drilling ahead of us because of the stacked-payzones, and our continually expanding acreage. We have acquired excellent leasehold interest and have joined forces with two of the most established, long-term successful drillers in the country. That is a formula for success, and we are genuinely excited about the near term prospects for our company," stated Greg Franklin, VP Exploration.
For a visual depiction of the horizontal drilling technique that will be utilized in the Nemaha Ridge project, click on the video link below:
http://www.osageexploration.com/video/index.htm
About Osage Exploration and Development, Inc.
Based in San Diego, California with production offices in Oklahoma City, Oklahoma, and executive offices in Bogot�, Colombia, Osage Exploration and Development, Inc. is an independent exploration and production company with interests in oil and gas wells and prospects in the US and Colombia. www.osageexploration.com
About Slawson Exploration Company, Inc.
Headquartered in Wichita, KS, with regional offices in Denver, Houston, and Oklahoma City, Slawson was founded in 1957. http://www.slawsoncompanies.com/exploration.html
About U.S. Energy Development Corporation
U.S. Energy Development Corporation was formed in 1980 as a successor to Oilmark & Company, Inc., founded in 1978. The company has consistently been ranked among the Top 50 Independent Oil & Natural Gas Drillers in the United States and is one of the largest drillers in both New York and Pennsylvania. Since 1980, U.S. Energy has acted as operator with respect to the drilling of more than 2,500 wells. www.usenergydevcorp.com
Safe Harbor Statement
The information in this release includes certain forward-looking statements as defined by the Securities and Exchange Commission that are based on assumptions that in the future may prove not to have been accurate. Those statements and Osage Exploration and Development, Inc. are subject to a number of risks, including production variances from expectations, volatility of product prices, inability to raise sufficient capital to fund its operations, environmental risks, competition, government regulation, and the ability of the Company to execute its business strategy, among others.
Contact:
Osage Exploration and Development, Inc.
Kim Bradford, President and CEO
Phone: 619-677-3956
Fax: 619-677-3964
kbradford@osageexploration.com
www.osageexploration.com
Osage Exploration and Development, Inc. (OEDV.OB) is a showcase oil and gas stock on Investorideas.com
Visit the company showcase profile at Investorideas.com
Request news and stock alerts for Osage Exploration and Development, Inc. (OEDV.OB)
Disclosure : (6 months starting May 24, 2011 thirty five hundred per month, 100,000 144 shares)

Red Fork Energy Limited (ASX: RFE) News; Mississippian Acres Exceed Initial Target

  • Mississippian Acres increased to plus 50,000 net acres
  • Red Fork now has an interest in approximately 250 high-grade sections across six Counties in the heart of the Mississippian play
  • Majority interest established in approximately 55 high-grade sections
  • Seismic data acquired and processed over one of the Company's initial development areas
  • Scheduled slots secured with preferred service company for completion operations
June 20, 2011 (Investorideas.com Energy Newswire) - Oklahoma based (Australian Securities Exchange listed) oil and gas exploration and production company Red Fork Energy Limited (ASX: RFE) ("Red Fork" or the "Company") is pleased to announce that it has successfully drilled, logged and cased three new wells at the 100% owned and operated shallow biogenic Woodford Shale play at East Oklahoma Central project.
Oklahoma based (Australian Securities Exchange listed) oil and gas exploration and production company Red Fork Energy Limited (“Red Fork” or the “Company”) is pleased to announce that its continuing leasing initiatives have delivered a further increase in its holdings in the exciting horizontal Mississippian oil and liquids rich gas play in Oklahoma.
Red Fork now holds in excess of 50,000 net (select high-grade) acres in the heart of the play.
The Company now has an interest in approximately 250 high-grade sections (640 acre tract) across six Counties, with a majority (controlling) interest secured in 55 of these sections. These controlled sections alone will support in excess of 165 horizontal drilling locations.
In addition, Red Fork has now acquired and processed seismic over a large area covering one of its initial development areas within the play. The data is currently being interpreted as the final step in planning for the orientation of laterals in the horizontal wells to be drilled in this area.
The Company has also secured scheduled slots with its preferred service company for completion operations on its first five horizontal wells. Drilling of the first of these horizontal wells will get underway shortly and the Company intends to maintain continuous operations (drilling, completion and testing) through to the end of this calendar year.
Further updates will be provided ahead of the spudding of the first horizontal well.
Yours faithfully
David Prentice
Managing Director
Forward Looking Statements
This announcement contains "forward-looking statements". Such forward-looking statements include, without limitation: estimates of future earnings, the sensitivity of earnings to oil & gas prices and foreign exchange rate movements; estimates of future oil & gas production and sales; estimates of future cash flows, the sensitivity of cash flows to oil & gas prices and foreign exchange rate movements; statements regarding future debt repayments; estimates of future capital expenditures; estimates of reserves and statements regarding future exploration results and the replacement of reserves; and where the Company expresses or implies an expectation or belief as to future events or results, such expectation or belief is expressed in good faith and believed to have a reasonable basis. However, forward looking statements are subject to risks, uncertainties and other factors, which could cause actual results to differ materially from future results expressed, projected or implied by such forward-looking statements. Such risks include, but are not limited to oil and gas price volatility, currency fluctuations, increased production costs and variances in reserves or recovery rates from those assumed in the company's plans, as well as political and operational risks in the countries and states in which we operate or sell product to, and governmental regulation and judicial outcomes. For a more detailed discussion of such risks and other factors, see the Company's Annual Reports, as well as the Company's other filings. The Company does not undertake any obligation to release publicly any revisions to any "forward looking statement" to reflect events or circumstances after the date of this release, or to reflect the occurrence of unanticipated events, except as may be required under applicable securities laws.
Red Fork Energy Limited (ASX: RFE) is a showcase energy stock on Investorideas.com
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Disclosure/Disclaimer: Red Fork Energy Limited (ASX: RFE) June 8 2011 - one month on Investorideas.com and energy blogs June 8 2011 (on thousand)

Oklahoma Energy Stock News; Osage (OTCBB: OEDV) and Partners Slawson, USEDC Top 11,000 Net Acres in Nemaha Ridge Horizontal Mississippian Project

SAN DIEGO - June 20, 2011 (Investorideas.com energy stocks newswire) - Osage Exploration and Development, Inc. (OTCBB: OEDV) along with its partners, Slawson Exploration Company and US Energy Development Corporation continues to expand their Nemaha Ridge Mississippian prospect by announcing another land acquisition milestone, topping 11,000 net mineral acres across 40 sections in Logan County, Oklahoma.
Slawson Exploration Company is the Operator of the project and owns 45%, US Energy Development Corporation owns 30%, and Osage Exploration has 25%.
"As we move forward in developing this project, we remain committed to expanding our footprint. While our Colombian assets continue to perform well, it is fair to say that we are very focused on building our Oklahoma exposure for the immediate future.
"It is a rare opportunity that we have with this Mississippian project. It is a tremendously economic target in its own right, and additionally this area has multiple formations that have historically produced oil and gas such as the Cherokee sands, Layton, Cleveland, Hunton Lime, Viola, Woodford Shale, and Oswego. It is anticipated that many of these formations may be found productive over the prospect acreage as development and analysis progresses," stated Kim Bradford, Chairman and CEO.
"We absolutely believe that we have years of drilling ahead of us because of the stacked-payzones, and our continually expanding acreage. We have acquired excellent leasehold interest and have joined forces with two of the most established, long-term successful drillers in the country. That is a formula for success, and we are genuinely excited about the near term prospects for our company," stated Greg Franklin, VP Exploration.
For a visual depiction of the horizontal drilling technique that will be utilized in the Nemaha Ridge project, click on the video link below:
http://www.osageexploration.com/video/index.htm
About Osage Exploration and Development, Inc.
Based in San Diego, California with production offices in Oklahoma City, Oklahoma, and executive offices in Bogot�, Colombia, Osage Exploration and Development, Inc. is an independent exploration and production company with interests in oil and gas wells and prospects in the US and Colombia. www.osageexploration.com
About Slawson Exploration Company, Inc.
Headquartered in Wichita, KS, with regional offices in Denver, Houston, and Oklahoma City, Slawson was founded in 1957. http://www.slawsoncompanies.com/exploration.html
About U.S. Energy Development Corporation
U.S. Energy Development Corporation was formed in 1980 as a successor to Oilmark & Company, Inc., founded in 1978. The company has consistently been ranked among the Top 50 Independent Oil & Natural Gas Drillers in the United States and is one of the largest drillers in both New York and Pennsylvania. Since 1980, U.S. Energy has acted as operator with respect to the drilling of more than 2,500 wells. www.usenergydevcorp.com
Safe Harbor Statement
The information in this release includes certain forward-looking statements as defined by the Securities and Exchange Commission that are based on assumptions that in the future may prove not to have been accurate. Those statements and Osage Exploration and Development, Inc. are subject to a number of risks, including production variances from expectations, volatility of product prices, inability to raise sufficient capital to fund its operations, environmental risks, competition, government regulation, and the ability of the Company to execute its business strategy, among others.
Contact:
Osage Exploration and Development, Inc.
Kim Bradford, President and CEO
Phone: 619-677-3956
Fax: 619-677-3964
kbradford@osageexploration.com
www.osageexploration.com
Osage Exploration and Development, Inc. (OEDV.OB) is a showcase oil and gas stock on Investorideas.com
Visit the company showcase profile at Investorideas.com
Request news and stock alerts for Osage Exploration and Development, Inc. (OEDV.OB)
Disclosure : (6 months starting May 24, 2011 thirty five hundred per month, 100,000 144 shares)

Friday, June 17, 2011

‘For every barrel of oil produced- 3 barrels of water are contaminated’- Wescorp (OTCBB: WSCE ) offers solution for oil industry

Water Stocks Trading Snapshot :  (NYSE: AWK) , (NYSE:ITT) ,(NASDAQ:PRMW) ,(OTCBB: WSCE )

 Primo Water Corporation (NASDAQ:PRMW) trading at $12.98, up 1.72 (15.32%)

Water stocks Company Investor Hi- Light : ‘For every barrel of oil produced- 3 barrels of water are contaminated’- Wescorp (OTCBB: WSCE ) offers solution for oil industry

Point Roberts, WA- June 17,2011 – Investorideas.com , a leader in sector research including water stocks issues a trading alert for water stocks June 17th. Most of the water stocks are up in morning trading, with one of the top trading percentage gainers, Primo Water Corporation (NASDAQ:PRMW)  trading at $12.98, up 1.72 (15.32%) .

Primo Water Corporation (NASDAQ:PRMW) announced the pricing of an underwritten public offering of 6,000,000 shares of common stock, consisting of 3,421,369 shares to be sold by Primo Water and 2,578,631 shares to be sold by certain selling stockholders (including Culligan International Company), at a price to the public of $11.26 per share. Primo Water Corporation is a rapidly growing provider of three-and five-gallon purified bottled water, self-serve filtered drinking water and water dispensers sold through major retailers throughout the United States and Canada.

Water Stocks Sector Trading Snapshot   

American Water Works (NYSE: AWK) trading up at $28.89, up 0.11 (0.38%) 10:23AM EDT
Aqua America, Inc. (NYSE: WTR ) trading at $21.63. up  0.16 (0.75%) 10:23AM EDT
ITT Corporation (NYSE:ITT) trading at $56.03, up  0.17 (0.30%) 10:39AM EDT
Nalco (NYSE:NLC) trading at $26.29, up 0.46 (1.78%) 10:25AM EDT
Pentair, Inc. (NYSE: PNR) trading up at $37.82, up  0.23 (0.61%) 10:24AM EDT
Primo Water Corporation (NASDAQ:PRMW) trading at $12.98, up 1.72 (15.32%) 10:27AM EDT
Valmont Industries, Inc. (NYSE: VMI ) trading at $89.65, down  0.10 (0.11%) 10:33AM EDT
Watts Water Technologies, Inc. (NYSE: WTS ) trading up at $33.13, up  0.60 (1.84%) 10:31AM EDT
Wescorp Energy Inc. (OTCBB: WSCE ) trading up at $ 0.06, up  0.0050 (9.09%)

Research more water stocks with the Investorideas.com water stocks directory:

Water stocks Company Investor Hi- Light :

For every barrel of oil produced- 3 barrels of water are contaminated
Wescorp’s H2Omaxx solution for the industry-

About Wescorp Energy Inc. (OTCBB: WSCE )
Wescorp (http://www.wescorpenergy.com/) is a clean water technology company focused on implementing its superior, low-cost, water purification solutions for the oil and gas production industry.

About the H2Omaxx Technology
H2Omaxx utilizes proprietary next generation aeration technology to clean and separate oil and solids from water. It is a proven safe, effective, economical and environmentally-friendly process.
Independent test results have shown the H20maxx technology to reduce the oil content in produced water to less than 10 parts per million without the use of chemicals, filters or heat.
Video
H2Omaxx Technology Tour


About our water investor portal:
http://www.water-stocks.com/, an investor portal within the InvestorIdeas.com content umbrella, offers water investors sector- close- ups, research tools, news, Blogs, online conferences, Podcasts , interviews and a directory of public companies within the water sector .

Investors following the sector can find research tools, news and global water stock directory to find opportunities within the growing sector. The stock directory features water stocks ranging from desalination companies to bottled water stocks, to infrastructure, water treatment and technology as well as other sub sectors.

Investorideas.com initiated a soft launch its new water newswire - http://www.waternewswire.com/
for World Water Week to increase its coverage in the sector.

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Wednesday, June 15, 2011

Red Fork Energy Limited (ASX: RFE) News; East Oklahoma Central Drilling Confirms Woodford Shale Continuity

June 15 , 2011 (Investorideas.com Energy Newswire) - Oklahoma based (Australian Securities Exchange listed) oil and gas exploration and production company Red Fork Energy Limited (ASX: RFE) ("Red Fork" or the "Company") is pleased to announce that it has successfully drilled, logged and cased three new wells at the 100% owned and operated shallow biogenic Woodford Shale play at East Oklahoma Central project.
As previously announced, in the current price environment for natural gas the Company is continuing to develop its 100% owned and operated East Oklahoma Project with a strategy designed to build production, revenue and reserves with the minimum amount of capital deployed.
Importantly, these three wells (located in Mayes and Rogers Counties) all intersected in excess of 50 feet of the target Woodford Shale with a show of gas on drilling.
The wells have now been cased, cemented and shut-in. Following is a drilling summary for each well.
Cherry #1-32 Well - Rogers County, Oklahoma
Target: 900' Woodford Shale Test
Spud Date: 10:00am (Central Time) 13/05/2011
Target Depth: 838' (Arbuckle Formation)
Comments: Cut approximately 60' of Woodford shale with shows of gas on drilling
Cased and cemented: 11:50pm (Central Time) 16/05/2011
Cherry #1-4 Well - Mayes County, Oklahoma
Target: 900' Woodford Shale Test
Spud Date: 5:00 pm (Central Time) 17/05/2011
Target Depth: 763' (Arbuckle Formation)
Comments: Cut approximately 62' of Woodford shale with shows of gas on drilling
Cased and cemented: 2:00 pm (Central Time) 18/05/2011
Cherry #1-9 Well - Mayes County, Oklahoma
Target: 800' Woodford Shale Test
Spud Date: 5:00pm (Central Time) 18/05/2011
Target Depth: 762' (Arbuckle Formation)
Comments: Cut approximately 55' of Woodford shale with shows of gas on drilling
Cased and cemented: 10:00pm (Central Time) 23/05/2011
Yours faithfully
David Prentice
Managing Director
Forward Looking Statements
This announcement contains "forward-looking statements". Such forward-looking statements include, without limitation: estimates of future earnings, the sensitivity of earnings to oil & gas prices and foreign exchange rate movements; estimates of future oil & gas production and sales; estimates of future cash flows, the sensitivity of cash flows to oil & gas prices and foreign exchange rate movements; statements regarding future debt repayments; estimates of future capital expenditures; estimates of reserves and statements regarding future exploration results and the replacement of reserves; and where the Company expresses or implies an expectation or belief as to future events or results, such expectation or belief is expressed in good faith and believed to have a reasonable basis. However, forward looking statements are subject to risks, uncertainties and other factors, which could cause actual results to differ materially from future results expressed, projected or implied by such forward-looking statements. Such risks include, but are not limited to oil and gas price volatility, currency fluctuations, increased production costs and variances in reserves or recovery rates from those assumed in the company’s plans, as well as political and operational risks in the countries and states in which we operate or sell product to, and governmental regulation and judicial outcomes. For a more detailed discussion of such risks and other factors, see the Company’s Annual Reports, as well as the Company’s other filings. The Company does not undertake any obligation to release publicly any revisions to any "forward looking statement" to reflect events or circumstances after the date of this release, or to reflect the occurrence of unanticipated events, except as may be required under applicable securities laws.
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Tuesday, June 14, 2011

Oil and Gas Stocks; Aroway Energy Inc. (TSX-V:ARW; PINK:ARWJF) Announces the Spud of A New Oil Well

CALGARY, ALBERTA - June 14, 2011 (Investorideas.com energy stocks newswire) – Aroway Minerals Inc. (TSX-V:ARW; PINK:ARWJF) (www.arowayenergy.com) (the "Company") is pleased to announce that drilling operations have begun on the Company's 3rd well of its 2011 exploration program. The well will be drilled to a depth of 1,225 meters targeting oil in the base of the Debolt formation. The multi-prospective well will penetrate 4 additional stacked zones before reaching the target formation. The Company is paying 50% of all costs associated with this well to earn a 50% interest in the well.
Company President Chris Cooper commented, "This is the 3rd of a possible six to eight wells we have planned for our 2011 drill program. We are optimistic this will be a successful oil well based upon the multi- prospectivity of this well with the 4 stacked zones in addition to the target formation."
About Aroway Energy Inc.
Aroway Energy Inc. is a Western Canadian junior oil and gas production and exploration company participating in "non-operated" Peace River Arch oil and gas exploration prospects, through a joint venture partnership. Aroway is currently producing approximately 225 boe/day of oil, gas liquids and gas net to Aroway
ON BEHALF OF AROWAY ENERGY INC.
Chris Cooper, President
BOEs may be misleading, particularly if used in isolation. A BOE conversion ratio of 6 Mcf: 1bbl is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contact:
Judy-Ann Pottinger
Aroway Energy Inc.
(604) 304-4090 or Cell: (604) 617-5290
(604) 909-2679 (FAX)
jpottinger@arowayenergy.com
www.arowayenergy.com
(647) 258-3311 or Toll Free: (888) 258-3323
Investor Cubed Inc.
(416) 363-7977 (FAX)
info@investor3.ca
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Oil and Gas Stocks News; American Petro-Hunter (OTCBB: AAPH) Prepares Commercial Oil Production Facilities at NOM1H Horizontal Well, North Oklahoma Project

SCOTTSDALE, AZ – June 14, 2011 (Investorideas.com energy newswire) - American Petro-Hunter, Inc. (OTC.BB:AAPH) ("American Petro-Hunter" or the "Company") is pleased to advise that the well completion program is fully underway and that production testing of the Mississippi oil formation is currently ongoing at the recently drilled NOM1H Horizontal well at the Company's growing North Oklahoma Project. The well is being readied and prepared for the onset of commercial production.
The completion phase of the well, including swab and production testing, is being undertaken in combination with the immediate installation of long term production facilities including a pumping unit, tank battery, ancillary metering and electrical equipment on the lease. The determination to rapidly move forward and complete the production facilities was based on a confident expectation that the Company will be generating oil sales from the lease near the end of June or early July.
A decision to move ahead with a full completion program was initiated when NOM1H reached the engineered T.D. of the 1,600 foot horizontal leg with excellent oil and gas shows encountered in the form of strong oil fluorescence; gassy oil shows and gas kicks along the drilled lateral. Subsequent results have offered continued favorably trending data, and as such, have reinforced the Company's expectations for viable commercial production at the lease.
The NOM1H well is the first of a planned series of horizontal wells designed to test and develop oil and gas in the 100 foot thick limestone Mississippi Formation.
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
Visit the AAPH showcase profile at Investorideas.com
Request News and Info on AAPH
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American Petro-hunter Inc. (AAPH.OB) showcase energy stock on Investorideas.com and energy portals and blogs (averages two thousand per month)

Monday, June 13, 2011

Mississippian Formation Oil and Gas Stocks; (NYSE: CHK), (NYSE: DVN), (OTCBB: OEDV), (NYSE: RRC), (NYSE: SDT)

Point Roberts, WA. June 13, 2011 (Investorideas.com Energy Newswire) - www.InvestorIdeas.com, a leader in sector research including oil and gas stocks, issues a trading snapshot on Mississippian Formation oil and gas stocks.
According to a June presentation from SandRidge Energy, Inc. (NYSE:SD), the Mississippian Formation has "Exceptional Performance across Play Area”
Highlights:
  • 189 Horizontal Wells Drilled
  • 101 Wells with Available Production Data
  • (Average Peak 30 day = 281 boepd)
  • 62 Operated with Production Data
  • (Average Peak 30 day = 290 boepd)
Mississippian Formation Sector Trading Snapshot
  • Chesapeake Energy Corporation (NYSE: CHK) trading at $28.89, down 0.35 (1.20%) 10:47AM EDT
  • Devon Energy Corporation (NYSE: DVN) trading at $ 78.17, down 1.19 (1.50%) 10:47AM EDT
  • Osage Exploration and Development, Inc. (OTCBB: OEDV) trading at $0.28
  • Range Resources Corporation (NYSE: RRC) trading at $ 52.49, down 0.29 (0.55%)
  • SandRidge Mississippian Trust I (NYSE: SDT) trading at $25.45, down 0.14 (0.55%)
Market Snapshot
  • Dow 11,995.81 +43.90 +0.37%
  • NASDAQ 2,651.31 +7.58 +0.29%
  • S&P 500 1,274.43 +3.45 +0.27%
  • 10 Yr Bond (%) 2.9860% +0.0015
  • Oil 98.52 -0.77 -0.78%
  • Gold 1,529.20 +0.60 +0.04%
Mississippian Formation:
SandRidge Energy, Inc.(NYSE:SD) liked the play so much it formed the SandRidge Mississippian Trust I(NYSE: SDT ) to own certain royalty interests in oil and natural gas wells in northern Oklahoma producing from the Mississippian formation. The Company completed its IPO mid April over – subscribed at $21.00, with 17,250,000 common units, including 2,250,000 common units sold pursuant to the exercise of the underwriters' over-allotment option.
SandRidge Energy, Inc. (NYSE:SD) Net acreage in Horizontal Mississippian Play
  • Current > 900,000 acres
  • Average acquisition cost ≈ $200 per acre
Mississippian Oil drilling
  • Planned 2011 rig count ≈ 12 rigs
  • 300-500 Mboe/well (52% Crude Oil)
  • $3.0 MM/well
  • SD Operated wells
    • −84 Drilled
  • Other Industry wells
    • −124Drilled
http://media.corporate-ir.net/media_files/irol/19/196066/RBCCapitalMarketsPresentation.pdf
In a recent Q&A Kim Bradford, President and CEO of Osage Exploration and Development, Inc. shares insight on the Mississippian Formation;
"There are more than a dozen that I could name offhand. What is interesting is that in almost every case, it is Oklahoma based companies that are in this play. Ranging from very long term privately owned Oklahoma drillers such as Nadel & Gussman and Ceja, which date back to the 20's and 30's to Eagle Energy which was founded in 2009, all are finding success in the Horizontal Miss. The publicly traded companies such as Chesapeake Energy, Devon Energy, SandRidge Energy, and Range Resources with a combined market cap of almost $70 billion lend a tremendous amount of credence to the play by their very presence. It is fair to say that at least in SandRidge Energy's case, its commitment to the Oklahoma Mississippian play has totally transformed the company from a lackluster natural gas focused producer to one of the most dynamic mid sized oil companies in the market today, with a stock price performance to match that transformation going from $4 less than a year ago to roughly $12 today. If you go to their website, and you should, it is obvious that they largely credit the Horizontal Miss for that transformation.
The attribute that all the Horizontal Miss players seem to have, beyond the fact that they are almost unanimously Oklahoma companies with detailed local knowledge, is that they have been largely driven by people of conviction, ranging from most notably Tom Ward at SandRidge Energy to Loren Schmidt at Calyx, Charles Wickstrom and Shane Matson at Spyglass Energy, as well as Osage's own Greg Franklin, and many others. While the Mississippian formation has been known for decades, it took the ability to re-evaluate without prejudice, and move forward with conviction that the Mississippian could be an ideal candidate for horizontal exploitation.
Because the Mississippian is present in so many counties in Oklahoma, each of the companies involved are making unique contributions to the knowledge base. As an example, Pablo Energy and Eagle Energy of Oklahoma are in completely different areas of Oklahoma, use completely different drilling and completion techniques, but are helping us all to advance our knowledge and build efficiencies. Oklahoma is a fantastic place todrill for oil and these are fantastic people and companies to be working along beside.”
More about Osage (OTCBB: OEDV)
Osage Exploration and Development, Inc. ( OTCBB: OEDV)
Based in San Diego, California with production offices in Oklahoma City, Oklahoma, and executive offices in Bogotá, Colombia, Osage Exploration and Development, Inc. is an independent exploration and production company with interests in oil and gas wells and prospects in the US and Colombia. www.osageexploration.com
Follow (OTCBB: OEDV) on Twitter.com
http://twitter.com/#!/OsageOEDV
Visit the Osage (OTCBB: OEDV) company showcase profile at Investorideas.com
http://www.investorideas.com/CO/OEDV/
Company News:
Osage (OTCBB: OEDV) Joint Ventures Its 10,000 Acre Horizontal Mississippian Nemaha Ridge Project
Full News: http://www.investorideas.com/CO/OEDV/news/2011/05261.asp
Company Q&A: Q&A Interview with Kim Bradford, President and CEO of Osage (OTCBB: OEDV), Following News of Joint Venture with Slawson Exploration Company, Inc. and U.S. Energy Development Corporation
Full interview: http://www.investorideas.com/CO/OEDV/news/2011/05312.asp
Request news and trading alerts on OEDV
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Disclaimer: 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.
Disclosure: OEDV is a paid advertising oil and gas company on Investorideas.com - Disclosure: (6 months starting May 24, 2011 thirty five hundred per month, 100,000 144 shares)
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Osage Exploration and Development, Inc. (OEDV.OB) is a showcase oil and gas stock on Investorideas.com
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Wednesday, June 8, 2011

Oil and Gas Stocks News; In a New Audio Interview at SmallCapVoice.com, Robert McIntosh, President & C.E.O. of American Petro-Hunter, Inc. (OTCBB: AAPH), Provides Details Regarding Recent News

AUSTIN, Texas - June 8, 2011 (Investorideas.com energy newswire) - SmallCapVoice.com, Inc. announced today that a new audio interview featuring, American Petro-Hunter, Inc. (OTC.BB:AAPH) is now available. The interview can be heard http://smallcapvoice.com/blog/6-7-11-audio-interview-with-american-petro-hunter-inc-otcbb-aaph/
SmallCapVoice is a recognized corporate investor relations firm, with clients nationwide, known for its ability to help emerging growth companies build a following among retail and institutional investors. SmallCapVoice utilizes its stock newsletter to feature its daily stock picks, audio interviews, as well as its clients' financial news releases.
SmallCapVoice also offers individual investors all the tools they need to make informed decisions about the stocks they are interested in. Tools like stock charts, stock alerts, and Company Information Sheets can assist with investing in stocks that are traded on the OTC QB, OTC QX and OTC Pink. To learn more about SmallCapVoice and their services, please visit http://www.smallcapvoice.com/services.html.
To sign up for the free small cap stock newsletter, The Small Cap Daily, please visit http://smallcapvoice.com/newsletter.html
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
Contact:
Investor Relations:
Mountainview IR Services, Inc.
1-888-521-7762
investors@americanpetrohunterinc.com
Contact for SmallCapVoice.com:
Stuart T. Smith
512-267-2430
info@smallcapvoice.com
Visit the AAPH showcase profile at Investorideas.com
Request News and Info on AAPH
Disclosure, Disclaimer/ AAPH is a paid advertising client on Investorideas.com.
American Petro-hunter Inc. (AAPH.OB) showcase energy stock on Investorideas.com and energy portals and blogs (averages two thousand per month)

Tuesday, June 7, 2011

Energy Stock Q&A Interview with Kim Bradford, President and CEO of Osage (OTCBB: OEDV)

Point Roberts, WA - June 7 , 2011 (Investorideas.com Energy Newswire) - www.InvestorIdeas.com, a leader in sector research including energy stocks, features a recent interview with Kim Bradford, President and CEO of Osage Exploration and Development, Inc. (OTCBB: OEDV), following their news of the joint venture with Slawson Exploration Company, Inc. and U.S. Energy Development Corporation. Mr. Bradford discusses Osage's partners, reserves and potential for the Nemaha Ridge Project in Oklahoma.
Interview Excerpt:
Q: Investorideas.com
The Company just announced it closed an agreement whereby Slawson Exploration Company, Inc. and U.S. Energy Development Corporation have acquired 45% and 30% respectively of Osage's Nemaha Ridge project in Oklahoma for gross consideration of $4,875,000.00 plus a 10% net carry on the first three horizontal Mississippian wells. Can you discuss the significance of the partners and what role they play moving forward?
A: Kim Bradford, President and CEO of Osage Exploration and Development, Inc.
Yes I can. Large oil companies have departments full of people and those people tend to be interchangeable in any given situation. Because we are not a large oil company, the individuality of the partners becomes paramount in determining how we go forward. In our situation, the Principals of each company come together and make decisions. The fact that Slawson and USEDC have done many deals together over the years, and the fact that Osage's VP Exploration, Greg Franklin, has known Steve Slawson for over 20 years means that from day one this partnership has a culture of trust and long term respect for each other. This is essential for success because in creating this financial partnership we have also created the Operating team. In this project there are no passive partners, we all bring a level of expertise in the various functional areas necessary to drill and exploit this resource. We are all rallying behind our Operator, Slawson, to provide leadership, but Slawson has selectively asked each of us to perform certain tasks along the way. From Osage's perspective, we have gained a tremendous amount of engineering expertise that we simply did not have. We have gained access to two superbly experienced land teams to complement the work that we have done already. Perhaps most importantly, Slawson as a driller owns rigs that we may elect to use in our project. The value of that can not be understated because as the Horizontal Miss play continues to heat up, it is pretty easy to forecast equipment shortages, and we have the solution already in place. This is a superb team with an abundance of talent, expertise, equipment and experience in horizontal drilling.
Full interview: http://www.investorideas.com/CO/OEDV/news/2011/05312.asp
Recent news:
Osage (OTCBB: OEDV) Announces Joint Venture with Slawson Exploration Company and U.S. Energy Development Corporation for Horizontal Mississippian Nemaha Ridge Project
SAN DIEGO - May 27, 2011 (Investorideas.com energy stocks newswire) - Oil and Gas News - Osage Exploration and Development, Inc. (OTCBB: OEDV) reports it has closed an agreement whereby Slawson Exploration Company, Inc. and U.S. Energy Development Corporation have acquired 45% and 30% respectively of Osage's Nemaha Ridge project in Oklahoma for gross consideration of $4,875,000.00 plus a 10% net carry on the first three horizontal Mississippian wells. Full news: http://www.investorideas.com/CO/OEDV/news/2011/05272.asp
About Osage Exploration and Development, Inc.
Based in San Diego, California with production offices in Oklahoma City, Oklahoma, and executive offices in Bogotá, Colombia, Osage Exploration and Development, Inc. is an independent exploration and production company with interests in oil and gas wells and prospects in the US and Colombia. www.osageexploration.com
Follow (OTCBB: OEDV) on Twitter.com
http://twitter.com/#!/OsageOEDV
About Slawson Exploration Company, Inc.
Headquartered in Wichita, KS, with regional offices in Denver, Houston, and Oklahoma City, Slawson was founded in 1957. http://www.slawsoncompanies.com/exploration.html
About U.S. Energy Development Corporation
U.S. Energy Development Corporation was formed in 1980 as a successor to Oilmark & Company, Inc., founded in 1978. The company has consistently been ranked among the Top 50 Independent Oil & Natural Gas Drillers in the United States and is one of the largest drillers in both New York and Pennsylvania. Since 1980, U.S. Energy has acted as operator with respect to the drilling of more than 2,500 wells. www.usenergydevcorp.com
Safe Harbor Statement
The information in this release includes certain forward-looking statements as defined by the Securities and Exchange Commission that are based on assumptions that in the future may prove not to have been accurate. Those statements and Osage Exploration and Development, Inc. are subject to a number of risks, including production variances from expectations, volatility of product prices, inability to raise sufficient capital to fund its operations, environmental risks, competition, government regulation, and the ability of the Company to execute its business strategy, among others.
Contact:
Osage Exploration and Development, Inc.
Kim Bradford, President and CEO
Phone: 619-677-3956
Fax: 619-677-3964
kbradford@osageexploration.com
www.osageexploration.com
Osage Exploration and Development, Inc. (OEDV.OB) is a showcase oil and gas stock on Investorideas.com
Visit the company showcase profile at Investorideas.com
http://www.investorideas.com/CO/OEDV/
Request news and trading alerts on OEDV
http://www.investorideas.com/Resources/Newsletter.asp
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Disclaimer: 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.
Disclosure: OEDV is a paid advertising oil and gas company on Investorideas.com - Disclosure: (6 months starting May 24, 2011 thirty five hundred per month, 100,000 144 shares)
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Osage Exploration and Development, Inc. (OEDV.OB) is a showcase oil and gas stock on Investorideas.com
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Request news and stock alerts for Osage Exploration and Development, Inc. (OEDV.OB)
Disclosure: (6 months starting May 24, 2011 thirty five hundred per month, 100,000 144 shares)

Monday, June 6, 2011

Oil and Gas Stocks News; American Petro-Hunter's (OTCBB: AAPH) North Oklahoma NOS122 Oil Well in Production

SCOTTSDALE, AZ � June 6, 2011 (Investorideas.com energy newswire) - American Petro-Hunter, Inc. (OTC.BB:AAPH) ("American Petro-Hunter" or the "Company") is very pleased to report that the recently completed NOS122 well is undergoing production testing and appears to be a strong producer and is outperforming expectations to date.
The NOS122 well is located at the Company's North Oklahoma Project. The production test and evaluation phase has been ongoing over the past few weeks with high gravity light oil produced to the storage tank from a 6 foot pay zone. The oil cut has been steadily over 90% with some associated gas. The well has been producing oil at rates in a broad range generally between 50 and 70 barrels per day.
Although a stable daily production rate hasn't yet been established, the Company has been informed by the operator that the pay zone would benefit from a light fracture stimulation which would in all likelihood allow a significant increase in daily rates. The partners are now preparing a simple frack plan that will be implemented in the upcoming days.
The establishment of a full tank battery and ancillary production facilities is in the final stages of construction on the lease. Currently, oil in the onsite storage tank is being prepared for sale to the local purchaser and inaugural sales are expected shortly. As reported earlier, the partners have identified a minimum of 3 additional offsets to the NOS122 for future development.
Company President Robert McIntosh states, "We are very pleased at the early test results at NOS122 and to be producing oil at levels that have exceeded our expectations. The plan to stimulate the reservoir and bring on even more oil, as well as our intent to drill additional wells very shortly, is rapidly moving this leasehold into becoming a key component of our growing production portfolio."
American Petro-Hunter has a 50% working interest in the NOS122 and oil is sold to Sunoco, the regional purchaser.
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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