American Petro-Hunter (OTCBB: AAPH) Drilling in North Oklahoma Hot-Spot
June 07 2011 - 7:00AM
Marketwired
American Petro-Hunter (OTCBB: AAPH) has recently announced that
their recently successful well, NOS122 in Northern Oklahoma has
begun production testing and is out-performing expectations.
American Petro-Hunter is operating in North Oklahoma, an area
that has received a huge increase in attention by some of the
biggest players in the oil industry. Chesapeake Energy Corp (NYSE:
CHK) has completed its tender offer for Oklahoma based Bronco
Drilling Company (NASDAQ: BRNC). This acquisition represents a
major consolidation in the area as the focus on "local oil"
increases.
Oklahoma is also home to Devon Energy (NYSE: DVN) which reported
in May of this year, $416 million in profits and had Onshore North
American production increase 7%. This increase was lead by their
Cana-Woodford Shale in Northern Oklahoma.
American Petro-Hunter is a goal-oriented exploration and
production (E&P) Company aiming to become an intermediate level
oil and gas producer within 12 months with the achievable target of
becoming a 1000 BOE producer as its goal. American Petro-Hunter is
actively on the "hunt" for domestic petroleum assets.
For more information, please visit
www.americanpetrohunter.com
Information, opinions and analysis contained herein are based on
sources believed to be reliable, but no representation, expressed
or implied, is made as to its accuracy, completeness or
correctness. The opinions contained herein reflect our current
judgment and are subject to change without notice. We accept no
liability for any losses arising from an investor's reliance on or
use of this report. This report is for information purposes only,
and is neither a solicitation to buy nor an offer to sell
securities. A third party has hired and paid IO News Wire twelve
hundred and ninety five dollars for the publication and circulation
of this news release. Certain information included herein is
forward-looking within the meaning of the Private Securities
Litigation Reform Act of 1995, including, but not limited to,
statements concerning manufacturing, marketing, growth, and
expansion. Such forward-looking information involves important
risks and uncertainties that could affect actual results and cause
them to differ materially from expectations expressed herein. We
have no ownership of equity, no representation; do no trading of
any kind and send no faxes or emails.
Contact: Eric Jensen 516.942.4910
Bronco Drilling Company, Inc. (MM) (NASDAQ:BRNC)
Historical Stock Chart
From Sep 2024 to Oct 2024
Bronco Drilling Company, Inc. (MM) (NASDAQ:BRNC)
Historical Stock Chart
From Oct 2023 to Oct 2024