Monday, May 16, 2011

Oil and Gas News; American Petro-Hunter (OTCBB: AAPH) Announces Drilling of Horizontal Well at North Oklahoma Project



SCOTTSDALE, AZ -- -- May 16, 2011 – American Petro-Hunter, Inc. (OTCBB: AAPH) (“American Petro-Hunter” or the “Company”) is very pleased to announce that drilling operations have commenced at the Company’s newest well site on the North Oklahoma Project. Today, drilling equipment has been mobilized with preparations underway for the Company’s first horizontal well, designated NOM1H.

NOM1H is scheduled to spud tomorrow and is the first of an anticipated series of horizontal wells designed to exploit the Mississippi Formation. The over 100 foot thick limestone is the central focus of the well documented recent drilling and leasing frenzy in Oklahoma. Hundreds of horizontal wells have been executed, planned and/or implemented by companies such as Sandridge and Calyx in recent months. Of particular note, Sandridge announced in its latest year end filing that it had drilled and completed 29 wells with 8 remaining to be completed in the area.



The NOM1H well is anticipated to take several weeks to reach its engineered total depth, following which it will undergo a period of testing and evaluation. With the high success rate of analog wells in the area American Petro-Hunter has great hopes for a successful producer in this highly sought after oil play.



As the activity in the area has become extremely competitive, and information regarding detailed production rates of commercial quantities of oil and natural gas is increasingly regarded as tightly held information, the Company will endeavor to update stakeholders on a timely basis with drilling results as such information becomes available from the operator.



Company President Robert McIntosh states “We are extremely pleased to have begun our very first venture into the realm of horizontal well drilling. This venture offers us a possibility like no other, to immediately and significantly increase our oil production. The opportunity to be right in the heart of the hunt for “big oil” in Oklahoma is an exciting step for the Company and we hope will prove to be beneficial for all concerned.”



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 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. 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. (OTCBB: AAPH), visit our website at www.americanpetrohunter.com



Investor Relations:

Mountainview IR Services, Inc.

1-888-521-7762

investors@americanpetrohunterinc.com



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



Visit the showcase page on Investorideas.com

http://www.investorideas.com/CO/AAPH/



Request info:

http://www.investorideas.com/Resources/Newsletter.asp



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.

Disclaimer: The following American Petro-Hunter Inc news is paid for by third party on behalf of showcase energy stock AAPH (averages $ 2000 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. All investing involves risk and possible loss of full investment .

Investorideas.com Disclaimer: http://www.investorideas.com/About/Disclaimer.asp

Investorideas.com Disclosure: http://www.investorideas.com/About/News/Clientspecifics.asp

The research report mentioned in this article is the content and opinion of Grass Roots Research and Distribution, Inc., not Investorideas.com or its related sites.

No comments: