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Tuesday, May 31, 2011

Oklahoma Energy Stock Trading News Alert; Osage (OTCBB: OEDV) Trading at $0.29, up 0.04 (16.00%) in Morning Trading

Point Roberts, WA - May 31, 2011 (Investorideas.com Energy Newswire) - www.InvestorIdeas.com, a leader in sector research including oil and gas stocks, issues a trading alert and stock chart for Oklahoma energy stock, Osage Exploration and Development, Inc. (OTCBB: OEDV). The stock is trading at $0.29, up 0.04 (16.00%) in morning trading.
The company announced news last week 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.
Investorideas.com Newswire Visit the 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
Recent Media Coverage:
Osage Exploration and Development, Inc. (OTCBB: OEDV) in the news May 27, 2011; Slawson acquires share of Oklahoma oil project - BY DAN VOORHIS
The Wichita Eagle
WICHITA - Slawson Exploration Co. of Wichita has acquired 45 percent of Osage Exploration and Development's Nemaha Ridge project in Oklahoma.
... Read More
Osage gains experienced partners at Nemaha Ridge project in Oklahoma - Pennenergy.com article May 27th
Osage Exploration and Development, Inc. (OTCBB: OEDV) Media - Oklahoma: Firms join Mississippian horizontal play - Pennenergy.com May 26th
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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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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Energy Stocks Research; American Petro-Hunter (OTCBB: AAPH) Receives Analyst Coverage and Buy Recommendation from EquityNet Research

showcase oil and gas stock, American Petro-Hunter Inc (OTCBB: AAPH ) .

“By relying on experience, science and proven growth strategies in order to continuously balance a risk/reward portfolio, American Petro Hunter is focused on its existing leased properties to begin full production, while continually maintaining an eye to expand its acreage/leases at its North Oklahoma Project.” –Randy Lewis, EquityNet

Randy Lewis is the owner of EquityNet Research, a provider of research coverage on smallcap stocks. Randy Lewis, CFA, founder and Senior Equity Analyst of EquityNet, has more than 14 years experience in equity and portfolio analysis, as well as financial consulting and strategic planning.

Full Report:
EquityNet Research Initiates “BUY RATING” and $1.45 price target on American Petro-Hunter Inc. (OTCBB: AAPH): Click the link for a full report.
http://www.equitynet.net/pics/AAPH%20Report_Final.pdf

Report excerpts:

We are initiating a BUY rating for American Petro-Hunter, Inc. (OTCBB: AAPH), an emerging junior oil exploration and production (E&P) company that is actively seeking to capitalize on burgeoning demand and high oil prices by strategically acquiring and consolidating the operations of various properties (where possible), based on estimated reserves, ease of extraction and location.”

Solid Project Portfolio: The Company’s primary producing properties will be on the Mississippi Formation in North Oklahoma and Kansas, and are classic over-producers. The Mississippi’s geology is well understood as a result of the thousands of vertical wells drilled and produced there since the 1940s. The recent applications of horizontal drilling and multistage hydraulic fracturing, both utilized by AAPH, have demonstrated the potential for extracting significant additional quantities of oil and natural gas from the formation.

Business/Product Overview: About American Petro-Hunter Inc.
American Petro-Hunter, Inc. is an emerging, expertly managed oil exploration and production (E&P) company. AAPHs business strategy is based on acquiring and developing high quality projects with existing and expansion potential (mostly through horizontal drilling). The Company has a diversified portfolio of assets with four wells in production and one slated to produce any day. American Petro is currently operating three projects: Ripley in Oklahoma (one well soon), Poston in Trego County, Kansas (2 wells) and Yale in Oklahoma (4 wells). Ripley and Yale are collectively referred to as North Oklahoma. Poston is currently producing, as are two wells at Yale. By relying on experience, science and proven growth strategies in order to continuously balance a risk/reward portfolio, American Petro is focused on its existing leased properties to begin full production, while continually maintaining an eye to expand its acreage/leases at its North Oklahoma Project.

Company Strategy Brief
  • Acquire Capacity. The Company has stated that it intends to become a 500-1000 BOE producer in the next 12-36 months by aggressively developing its Poston and North Oklahoma. Through the second half of this year, we have predicted 323 barrels a day, so this goal certainly seems realistic.
  • Utilize Strategic Relationships. The Company continually strives to expand its network in North Oklahoma. Combined with successful efforts accounting, American Petro has been able to secure leases and develop properties with friendly strategic partners and run very lean from an outgoing cashflow perspective.
  • Increase Efficiencies (Geographic Concentration). Because of fragmentation, huge demand, and the surge in exploration activities due to skyrocketing oil prices, the U.S. oil industry (particularly the independent, junior players) is marked by inefficiencies. This is why we like the fact that American Petro has geographically concentrated its operations, which better suits a fledgling E&P company in our opinion. Furthermore, we like to see the “P” of “E&P” (production) being the primary focus. Securing leases in this environment has been a nice coup, so now is the time to focus on developing the wells and generating revenue in a region that has certainly shown itself to be a top producer and has the interest of big players.



Full Report: http://www.equitynet.net/pics/AAPH%20Report_Final.pdf


About American Petro-Hunter, Inc. (OTCBB: AAPH)
American Petro-Hunter, Inc. (OTCBB: AAPH) 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.

Find more Research on AAPH.OB Today!  www.americanpetrohunter.com   

American Petro-hunter Inc (OTCBB: AAPH) is a showcase Oil and Gas stock on Investorideas.com (please read disclosure and disclaimers)

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OilandGasStocksNews.com is a global meeting place for investors and industry following the energy sector, within Investorideas.com. Global visitors use the site daily to research the latest news, articles, audio, research reports and our oil and gas and natural gas stock directories.

Investorideas.com features third party research in multiple industry sectors including energy, biotech and mining. More third party research reports can be found at http://www.investorideas.com/Research/.

Disclaimer: The following American Petro-Hunter Inc news is paid for by third party on behalf of showcase energy stock AAPH (two 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.

The research report is the content and opinion of Grass Roots Research and Distribution, Inc.

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Energy Stocks; Aroway Energy Inc. (TSX-V:ARW; PINK:ARWJF) Increases Production and Prepares to Drill New Well

CALGARY, ALBERTA - May 31, 2011 (Investorideas.com energy stocks newswire) � Aroway Minerals Inc. (TSX-V:ARW; PINK:ARWJF) (www.arowayenergy.com) (the "Company") is pleased to announce its first well of the 2011 exploration program has been tied-in to its joint venture partner's pipeline and facilities. The well tested at 2.2mmcf/d of natural gas and 72 boe/d of natural gas liquids. The well was placed on restricted flow rate 10 days ago at a stabilized rate of 256 boe/d of natural gas and natural gas liquids, a net of 128 boe/d to Aroway. This multi- zone prospect exploration well was drilled to an approximate depth of 2300 meters into the Leduc formation. The Company is paying 50% of all costs associated with this well to earn a 50% interest in the well.
Testing on the Company's second well of the 2011 drill program will commence within the next few weeks upon the arrival of a service rig. The 3D seismically defined multi-prospective well was drilled to an approximate depth of 2260 meters targeting the Leduc formation. The Company is paying 75% of all costs associated with this well to earn a 50% interest in the well.
The Company is also pleased to announce that it will be drilling the 3rd well of its 2011 exploration program within the next 10 to 14 days. The well will be drilled to a depth of 1,225 meters targeting the base of the Debolt formation. The well will penetrate 4 additional stacked zones before reaching the target formation. The well is expected to encounter both oil and gas. The Company is paying 50% of all costs associated with this well to earn a 50% interest in the well.
Chris Cooper, President of Aroway, commented, "We are very pleased with the production results from our first well of 2011, and look to continue the drilling success throughout the 2011 exploration and development drill program. Drilling success throughout the year will enable Aroway to continue to build on its existing production and cash flow."
These are the first three of a possible six to eight wells planned for Aroway's 2011 drill program.
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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Friday, May 27, 2011

Energy Stock News Alert; 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.
"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
"This is a monumental day for Osage shareholders. Not only did we develop the idea for the project, we also acquired a significant land position that attracted top tier development partners. In this one single transaction we have allied ourselves with two exceptionally robust engineering and operating teams that compliment our own skill set and local knowledge. If one looks closely at Slawson and U.S. Energy Development Corporation, you will find that they are drillers first and foremost. The attribute they share is that they both extract the minerals from their projects with amazing efficiency and cost control. We believe this joint venture is the best possible outcome for Osage shareholders, and we are grateful to Slawson and U.S. Energy Development Corporation for demonstrating their confidence in us," stated Kim Bradford, President and CEO.
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)

Energy Stock Trading Alert; Osage (OTCBB: OEDV) Trades up On News of Joint Venture; Closes up 38.89%

Point Roberts, WA - May 26, 2011 (Investorideas.com Energy Newswire) - www.InvestorIdeas.com, a leader in sector research including oil and gas stocks, releases a trading alert and stock chart for showcase energy company, Osage Exploration and Development, Inc. (OTCBB: OEDV). The stock closed at $0.25, up 0.07 (38.89%) with a high of $0.34 during the day on volume of 676,229.
Visit the 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
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.
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
Follow (OTCBB: OEDV) on Twitter.com
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About Investor Ideas Oil and Gas portal: OilandGasStocksNews.com is a global meeting place for investors and industry following the energy sector, within Investorideas.com. Global visitors use the site daily to research the latest news, articles, audio, research reports and our oil and gas and natural gas stock directories.
Research more oil and gas stocks with the oil and gas stock directory at Investorideas.com - lists over 600 stocks including Bakken stocks
http://www.investorideas.com/OGSN/Stock_List.asp
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)
Investorideas.com Disclaimer: http://www.investorideas.com/About/Disclaimer.asp  
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C Van Zant: 800-665-0411 - cvanzant@investorideas.com
Source - Investorideas.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)

Thursday, May 26, 2011

Oklahoma Oil and Gas Stock News Alert; 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
"This is a monumental day for Osage shareholders. Not only did we develop the idea for the project, we also acquired a significant land position that attracted top tier development partners. In this one single transaction we have allied ourselves with two exceptionally robust engineering and operating teams that compliment our own skill set and local knowledge. If one looks closely at Slawson and U.S. Energy Development Corporation, you will find that they are drillers first and foremost. The attribute they share is that they both extract the minerals from their projects with amazing efficiency and cost control. We believe this joint venture is the best possible outcome for Osage shareholders, and we are grateful to Slawson and U.S. Energy Development Corporation for demonstrating their confidence in us," stated Kim Bradford, President and CEO.
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)

Wednesday, May 25, 2011

Oil and Gas Stock News; American Petro-Hunter (OTCBB: AAPH) Updates Horizontal Drilling Progress at North Oklahoma Project

SCOTTSDALE, AZ � May 25, 2011 (Investorideas.com energy newswire) - American Petro-Hunter, Inc. (OTC.BB:AAPH) ("American Petro-Hunter" or the "Company") today wishes to update the drilling progress of the NOM1H Horizontal well at the Company's North Oklahoma Project.
Directional drilling has now commenced. The K.O.P. (kick off point) has been reached, and the well is now entering the curved section of the hole. The well plan calls for approximately 1,600 feet of lateral to be drilled in the Mississippi formation before reaching a total depth of about 5,300 feet, with a true vertical depth of about 3,900 feet.
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. Once the lateral portion reaches its engineered length, a period of testing and evaluation will commence.
In related news, a neighboring major independent oil company has received a permit to proceed with the drilling of its first horizontal test of the Woodford Shale in Payne County. This nearby well is engineered for a total depth of 9,177 feet with a true vertical depth of 4,300 feet. As American Petro-Hunter is planning a horizontal well into the Woodford Shale as part of our 2011 development program, the results of this neighboring well will prove instrumental towards the timing of our first horizontal efforts in the formation.
Company President Robert McIntosh states, "The lateral turn of the drill into the horizontal phase means we are now entering the objective pay zone in the Mississippi Formation. Over the next week, drilling operations will be closely monitored by the directional drilling engineer to ensure we stay in the Mississippi for the duration of the operation. The upcoming testing phase is a critical step in the determination of our next well as we gear up for a very busy summer of drilling."
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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American Petro-hunter Inc. (AAPH.OB) showcase energy stock on Investorideas.com and energy portals and blogs (averages two thousand per month)