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Monday, May 23, 2011

Oil and Gas Stocks News; EquityNet Research Initiates Analyst Coverage on American Petro-Hunter, Inc. (OTCBB: AAPH)


LOS ANGELES � May 23, 2011 (Investorideas.com energy newswire) - EquityNet Research, an independent West Coast equity research firm based in Los Angeles, announced today that it has initiated research coverage on American Petro-Hunter, Inc. (OTC.BB:AAPH).
A full copy of the report and disclosure requirements are available at EquityNet Research's website: www.equitynet.net.
American Petro-Hunter, Inc. is 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.
Randy Lewis, CFA, Founder and Senior Analyst with EquityNet who is covering the Company, stated, "It is obvious that demand is and will remain very strong for oil into the foreseeable future and the market itself is huge. Valuations for most natural resource stocks have remained relatively strong and prices for the most part on the rise. Of course, oil prices have also skyrocketed this year. The late 2010 and early 2011 predictions of $80 a barrel this year have been blown out of the water, hitting nearly $127 a barrel at one point.
"Furthermore, it seems apparent that management enjoys strong relationships with various consultants, engineers and service providers in the regions in which it operates. We feel this could be a significant competitive advantage over similarly-sized peers."
About EquityNet Research
EquityNet Research was formed to provide the investing public with professional, independent, objective research on under-followed public companies. It does this by preparing detailed reports that highlight the key aspects of each company and its industry. EquityNet strictly maintains independence and objectivity according to the Standards of Professional Conduct of the CFA Institute (CFAI), and though is compensated for performing due diligence and creating reports, thus keeping its research free to the public, does not have extraneous relationships with its followed-companies nor has any present or future pecuniary benefit other than that disclosed for each company on its website. EquityNet was compensated $12,500 by Cosworth Communications Limited (Hong Kong) for the preparation of the AAPH report. EquityNet is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any specific securities.
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:
EquityNet Research
Randy Lewis, CFA, MBA, Senior Analyst
rlewis@equitynet.net
818.783.5006
Investor Relations:
Mountainview IR Services, Inc.
1-888-521-7762
investors@americanpetrohunterinc.com
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American Petro-hunter Inc. (AAPH.OB) Oct 2010 - one month showcase energy stock on Investorideas.com and energy portals and blogs (three thousand per month)
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