Investorideas.com energy stock news

Wednesday, July 6, 2011

Oil and Gas Stocks News; American Petro-Hunter (OTCBB: AAPH) Commences Natural Gas Sales and Forecasts 155 BOE for July

SCOTTSDALE, AZ � July 6, 2011 (Investorideas.com energy newswire) - American Petro-Hunter, Inc. (OTC.BB:AAPH) ("American Petro-Hunter" or the "Company") is very pleased to announce that as of July 5th, the Company began selling natural gas into the pipeline at the North Oklahoma Project. The commencement of gas sales marks the first gas production from the project and confirms the Company as an oil and gas producer.
This inaugural gas sale event will be calculated at a Barrel of Oil Equivalent (BOE) sum at a 6:1 ratio of MCF gas to barrels of oil and will be combined with oil production figures as shipped from the tanks at month end once actual numbers are tabulated and made available by the operator.
The Company is now projecting, with the added BOE gas, that the cumulative daily net production total has now increased to 155 BOE and we are confident of reaching this total during the month of July. This cumulative number represents oil and gas production from four wells in Oklahoma and two in Kansas.
At 155 BOE per day production rate, the Company is now estimating over $5 million a year in cash flow projections at $90 oil prices. As reported previously, this injection of revenue will be instrumental in meeting our planned development costs as additional offset to the producers, including another horizontal well are now in the final planning and scheduling stages.
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)

Tuesday, July 5, 2011

What Investors Need to Know about Oklahoma Oil and Gas; Osage (OTCBB: OEDV)

Point Roberts, WA - July 5, 2011 (Investorideas.com Energy Newswire) - www.InvestorIdeas.com, a leader in sector research including oil and gas stocks, issues an investor profile for Oklahoma energy stock, Osage Exploration and Development, Inc. (OTCBB: OEDV).
News - Investor Hi-lights
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
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
Full News: http://www.investorideas.com/CO/OEDV/news/2011/06202.asp
Oil and Gas Stock News; Osage Exploration and Development, Inc. (OTCBB: OEDV) Information To Be Available Through Standard & Poor's Corporation Records Listing Program
Full News: http://www.investorideas.com/CO/OEDV/news/2011/06291.asp
Oklahoma Properties:
Osage Exploration's primary target in Oklahoma is the serendipitously named Osage section of the Mississippian aged carbonate formation that lies between the Pennsylvanian and Devonian aged rocks. The Mississippian is a fractured carbonate that has been historically drilled vertically in many areas of Oklahoma, most notably in the Sooner Trend.
With the highly developed techniques of horizontal drilling with multi-staged massive frac technology, the Mississippian appears to be a prolific producer in many parts of Oklahoma. Osage is focused on an area on the east side of the Nemaha Ridge where there is a significant amount of natural regional fracturing that we believe will enhance recoveries of oil.
The west side of the Nemaha Ridge has been extensively drilled for the Mississippian, as this was the fairway of the Sooner Trend. We believe for this reason that the western flank of the Ridge has been somewhat pressure depleted.
Because the Mississippian section is not as thick on the eastern side of the Nemaha, the drilling tended to be primarily on shallower or deeper horizons. We have targeted the eastern side of the Nemaha Ridge because the rock quality is excellent, and the Mississippian has not been pressure depleted because of far less historical drilling.
The support for our thesis comes from the well logs that we have evaluated to localize our land acquisition efforts. We have evaluated hundreds of Mississippi penetrations in and around our area, as well as compared those logs to the logs in the other parts of Oklahoma where the horizontal Miss is being successfully drilled now.
Given all the above, we believe that the focus going forward will be economics. Those familiar with the Bakken, Marcellus, Haynesville, or Eagle Ford know that land prices can be as high as $5000 to $9000 per acre with drilling costs of $5 million to $10 million per well. Our acquisition price is a fractionof these numbers and we believe that well costs could be below $3 million.
According to a recent inteview with Kim Bradford, President and CEO of Osage Exploration and Development, Inc., “First of all, I should point out that from an investor's point of view, it is important not to overlook Osage's Colombian assets. Even mid last year, when our market capitalization was under $1,000,000, we enjoyed between $150,000 and $200,000 a month in revenue from our Colombian operations. That is a case where the investors overlooked our assets and cash flows and as a consequence the stock was severely undervalued for a long period of time. Investors must not be fooled by what the markets tell them, because markets range from severely undervaluing assets to severely overvaluing assets and everything in between. Research and analysis has always been the key for investment performance.
Our Colombian assets give us a head and shoulders advantage over our micro-cap oil and gas peers, called positive cash flow. That in turn gives us the ability to prospect for new discoveries without having to worry about where our next dollar is coming from, which leads me to the next topic. While we could not be more excited about our Horizontal Mississippian acreage, we are already well advanced in evaluating our next potential project. The next project that we take on will certainly be in the US, hopefully with similar economics to our current project. At some point in the near future however, we plan another exploration play in Colombia because we have the infrastructure already in place. We have a Colombian subsidiary, which is required by Colombian law; we also have probably the best oil and gas accounting firm and one of the very best legal firms in all of Colombia. We have extensive knowledge about how the Colombian oil and gas regulatory agencies work; we have partners and former partners that are deeply involved in Colombia so that we have access to projects with which we already have familiarity.”
Visit the company showcase profile at Investorideas.com
http://www.investorideas.com/CO/OEDV/
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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Disclosure : (6 months starting May 24, 2011 thirty five hundred per month, 100,000 144 shares)

Monday, July 4, 2011

Red Fork Energy Limited (ASX: RFE) News; Five Well Horizontal Mississippian Drilling Program Commences

  • Seismic interpretation complete and locations selected for first horizontal wells
  • Construction of locations and supporting infrastructure underway
  • Drilling contractor secured and preparations to move a rig on location have commenced
  • Continuous operations (drilling, completion and testing) to be maintained through to the end of calendar 2011
July 4, 2011 (Investorideas.com Newswire) 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 the commencement of operations on its initial drilling program in the exciting horizontal Mississippian oil and liquids rich gas play in Oklahoma.
Final interpretation of seismic data covering the Company’s Pawnee County initial development area has now been completed and locations for the first two horizontal wells in this area have been selected.
The Company is now building locations and finalizing the design of key supporting completion, production and sales infrastructure. One of Red Fork’s preferred drilling contractors has been secured to complete the Company’s 2011 (five horizontal well) drilling program and preparations are underway to move a rig on location in Pawnee County to drill the first two wells in this development area. Importantly, this contractor has also committed to service the Company’s 2012 drilling program when this is finalized.
Red Fork holds a majority interest in these first two wells and will be the operator.
As previously announced, the Company has also secured scheduled slots with its preferred service company for completion operations on the first five horizontal wells and Red Fork intends to maintain continuous operations (drilling, completion and testing) through to the end of this calendar year.
Further updates will be provided at key stages of operations in the coming weeks.
Commenting on this announcement, Red Fork Managing Director, David Prentice, said, "We are very pleased to have commenced this initial five well drilling program in the Pawnee County area of our very strong acreage position in what is considered to be one of the premier oil and liquids rich gas plays on-shore in the United States.
We have already achieved and exceeded our initial acreage target (and leasing is ongoing) and we are now set to drill and test five horizontal wells in this play by the end of this year.
This is an exciting time for Red Fork and we look forward to providing regular updates to the market as we continue operations through the second half of the year".
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)

Thursday, June 30, 2011

Mississippian Formation Oil and Gas Stock Trading; (NYSE: CHK), (NYSE: DVN), (OTCBB: OEDV), (NYSE: SD)

Point Roberts, WA - June 30, 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 for June 30 th. Company related news includes Devon Energy Corporation (NYSE: DVN ), Osage Exploration and Development, Inc. (OTCBB: OEDV) and RAM Energy Resources, Inc. (Nasdaq:RAM).
Crude Oil Aug 11 (CLQ11.NYM) is trading up at $95.12, up 0.35 (0.37%).
Mississippian Formation Trading Snapshot
  • Chesapeake Energy (NYSE: CHK ) trading up at $29.41, up 0.36 (1.24%) 10:37AM EDT
  • Devon Energy Corporation (NYSE: DVN ) trading up at $78.74, up 0.82 (1.05%) 10:37AM EDT
  • Osage Exploration and Development, Inc. (OTCBB: OEDV) trading at $0.28
  • Range Resources Corporation (NYSE: RRC ) trading at $55.60, up 0.68 (1.24%) 10:37AM EDT
  • RAM Energy Resources, Inc. (Nasdaq:RAM) trading at $1.24
  • SANDRIDGE ENERGY INC (NYSE: SD ) trading at $10.78 0.02 (0.19%) 10:39AM EDT
Market Snapshot
  • Dow 12,389.40 +127.98 +1.04%
  • Nasdaq 2,767.67 +27.18 +0.99%
  • S&P 500 1,318.92 +11.51 +0.88%
  • 10 Yr Bond (%) 3.1990% +0.0910
  • Oil 95.10 +0.33 +0.35%
  • Gold 1,509.70 -0.20 -0.01%
Mississippian Formation Oil and Gas Stock News;
Oil and Gas Stock News; Osage Exploration and Development, Inc. (OTCBB: OEDV) Information To Be Available Through Standard & Poor's Corporation Records Listing Program
SAN DIEGO , CA - June 29, 2011 (Investorideas.com energy stocks newswire) - Osage Exploration and Development, Inc. (OTCBB: OEDV) announced today that its company information would be made available via Standard & Poor's Corporation Records Listing Program. As part of the program, a full description of Osage Exploration and Development, Inc. will be published in the Daily News Section of Standard Corporation Records, a recognized securities manual for secondary trading in up to 38 States under the Blue Sky Laws. Standard Corporation Records is available in print, CD-ROM, and via the Web at www.netadvantage.standardandpoors.com as well as through numerous electronic vendors.
RAM Energy Resources Announces Operational Update to Planned Activity at Osage Mississippian Oil Play and Other Operational Activity
TULSA, Okla.--RAM Energy Resources, Inc. (Nasdaq:RAM) announced an update to activity in its Mississippian oil play in Osage County, Oklahoma which encompasses the company's 56,320 acre concession, a part of the broad Mississippi Chat/Mississippi Solid/Arbuckle oil play in the region. Full news:http://finance.yahoo.com/news/RAM-Energy-Resources-bw-1867424162.html?x=0&.v=1
Devon Energy Corporation (NYSE: DVN ) News - Devon to Increase Capital Expenditure by $1 Billion in 2011 - Wall Street Journal
According to the article, " … $300 million of the added $1 billion will be used to extend drilling programs in Devon's operation in the Barnett Shale near Dallas and Oklahoma's Cana-Woodford Shale through the end of the calendar year, said Dave Hager, who heads Devon's exploration and production business.
As a result, Devon plans to drill 375 wells, up from 325, in the Barnett and 225 wells, up from 200, in the Cana, Hager said.”
http://online.wsj.com/article/SB10001424052702304314404576414523978493358.html?ru=yahoo&mod=yahoo_hs
Featured Mississippian Formation Oil and Gas Stock:
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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http://twitter.com/#!/OsageOEDV
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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
Request news and trading alerts on OEDV
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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)
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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)

Wednesday, June 29, 2011

Oil and Gas Stock News; Osage Exploration and Development, Inc. (OTCBB: OEDV) Information To Be Available Through Standard & Poor's Corporation Records Listing Program

SAN DIEGO, CA - June 29, 2011 (Investorideas.com energy stocks newswire) - Osage Exploration and Development, Inc. (OTCBB: OEDV) announced today that its company information would be made available via Standard & Poor�s Corporation Records Listing Program. As part of the program, a full description of Osage Exploration and Development, Inc. will be published in the Daily News Section of Standard Corporation Records, a recognized securities manual for secondary trading in up to 38 States under the Blue Sky Laws. Standard Corporation Records is available in print, CD-ROM, and via the Web at www.netadvantage.standardandpoors.com as well as through numerous electronic vendors.
The company information about Osage Exploration and Development, Inc. to be made available through this program includes an in-depth description of the Osage Exploration and Development, Inc. business operations, share price, dividend history, shares outstanding, company financial position, earnings, and full income statement and balance sheet.
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
Company information distributed through the Corporation Records Program is based upon information that Standard & Poor�s considers to be reliable, but neither Standard & Poor�s nor its affiliates warrant its completeness or accuracy, and it should not be relied upon as such. This material is not intended as an offer or solicitation for the purchase or sale of any security or other financial instrument.
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
or
Standard & Poor's Customer Contact:
Richard Albanese, 212-438-3647
richard_albanese@sandp.com
or
Media Relations Contact:
Michael Privitera, 212-438-6679
michael_privitera@sandp.com
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)

Oil and Gas Stock Alert; American Petro-Hunter, Inc. (OTCBB: AAPH) Trades up over 11% on News – ‘Company Projects Over $4 Million/Year in Cumulative Oil Sales ‘

Point Roberts, WA- June 29, 2011 (Investorideas.com Energy Newswire) - www.InvestorIdeas.com, a leader in sector research including oil and gas stocks, issues a trading alert on junior oil and gas stock, American Petro-Hunter, Inc. (OTCBB: AAPH).
The stocks is trading up over 11% on news that the Company projects over $4 Million/Year in cumulative oil sales, announced earlier this morning.
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News: American Petro-Hunter Commences Oil Sales from Two New Wells at North Oklahoma Project
 

American Petro-Hunter, Inc.
(OTCBB: AAPH) (“American Petro-Hunter” or the “Company”) is very pleased to advise that the inaugural sale of production from the NOM1H (horizontal well) and NOS122 oil wells will be shipped from the North Oklahoma Project storage tanks on July 1st to Sunoco, the purchaser of production from the project.
 
This inaugural oil shipment adds two more production wells to the Company’s growing portfolio. These two wells add to production from the No. 1 and NOJ226 wells for a current total of four active producers on the North Oklahoma Project. When the anticipated commencement of production from the NOS227 well comes online shortly, it will bring to a total of five commercial wells in Oklahoma.  The Company will be reporting production figures as oil is shipped from the tanks at month end once actual numbers are tabulated.
 
The Company is confident in establishing a cumulative daily net production total of 130 BPD over the next 30 days. This number represents production from 5 wells in Oklahoma and two in Kansas for a total of 7 wells. Additional barrels of oil and potentially significant BOE (barrels oil equivalent) of natural gas are anticipated once stable production rates are established.

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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Source - Investorideas.com          

Energy Trading Alert - What Investors Need to Know about Oklahoma Energy Stock, American Petro-Hunter, Inc. (OTCBB: AAPH)

Point Roberts, WA - June 28, 2011 (Investorideas.com Energy Newswire) - www.InvestorIdeas.com, a leader in sector research including oil and gas stocks, issues a trading alert and commentary on the Oklahoma the Mississippi Formation and Woodford Shale play. The investor spotlight features junior oil and gas stock, American Petro-Hunter, Inc. (OTCBB: AAPH) -the next big oil plays in Oklahoma?
American Petro-Hunter, Inc. (OTCBB: AAPH) is in production at the Poston Project in Trego County, Kansas and the North Oklahoma Project. EquityNet Research recently put a $1.45, 12 -month price target on the stock. The basis for the target? - one of the key factors is the Oklahoma play- "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 multistagehydraulic fracturing, both utilized by AAPH, have demonstrated the potential for extracting significant additional quantities of oil and natural gas from the formation."
Full report: http://www.equitynet.net/pics/AAPH%20Report_Final.pdf
According to a recent article in Tulsa World, entitled, ' Oklahoma companies report boost in oil, gas reserves ', Oklahoma horizontal oil and gas stocks are ones to watch!
Investorideas.com Newswire
"Horizontal drilling and other technological advances are driving the increases. Oklahoma Independent Petroleum Association President Mike Terry predicted the boom will continue for a while.
"Oklahoma's oil and natural gas industry has added almost 2,000 jobs from one year ago and there are 40 more drilling rigs actively exploring for oil and natural gas in Oklahoma than in 2010," he said. "The number of jobs and the number of wells drilled will only grow as Oklahoma companies continue their efforts to tap new resources."
Overall gas reserves for the publicly traded group of companies topped 174 trillion cubic feet by the end of fiscal 2010, a significant increase over that 156.2 TCF reported at the beginning of the year. Oil reserves jumped 11 percent to 17.8 billion barrels held by 50-plus publicly traded producers." Read more from this Tulsa World article at http://www.tulsaworld.com/business/article.aspx?subjectid=49&articleid=20110617_49_E1_Stagna456049
Latest Oklahoma Energy Stocks News: American Petro-Hunter Commences Oil Sales from Two New Wells at North Oklahoma Project
Company Projects over $4 Million/Year in Cumulative Oil Sales
SCOTTSDALE, AZ - June 28, 2011 - American Petro-Hunter, Inc. (OTCBB: AAPH) ("American Petro-Hunter" or the "Company") is very pleased to advise that the inaugural sale of production from the NOM1H (horizontal well) and NOS122 oil wells will be shipped from the North Oklahoma Project storage tanks on July 1st to Sunoco, the purchaser of production from the project.
This inaugural oil shipment adds two more production wells to the Company's growing portfolio. These two wells add to production from the No. 1 and NOJ226 wells for a current total of four active producers on the North Oklahoma Project. When the anticipated commencement of production from the NOS227 well comes online shortly, it will bring to a total of five commercial wells in Oklahoma.  The Company will be reporting production figures as oil is shipped from the tanks at month end once actual numbers are tabulated.
The Company is confident in establishing a cumulative daily net production total of 130 BPD over the next 30 days. This number represents production from 5 wells in Oklahoma and two in Kansas for a total of 7 wells. Additional barrels of oil and potentially significant BOE (barrels oil equivalent) of natural gas are anticipated once stable production rates are established.
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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American Petro-hunter Inc. (AAPH.OB) showcase energy stock on Investorideas.com and energy portals and blogs (averages two thousand per month)