SOURCE: American Petro-Hunter, Inc.

American Petro-Hunter, Inc.

May 04, 2010 08:30 ET

American Petro-Hunter Reports on North Oklahoma Oil Project -- No.1 Oil Well Drills to T.D. and Completion Program Commences

SCOTTSDALE, AZ--(Marketwire - May 4, 2010) -  American Petro-Hunter, Inc. (OTCBB: AAPH) ("American Petro-Hunter" or the "Company") today updates drilling progress at the "North Oklahoma Oil Project" where the No. 1 Well was drilled to a T.D. (total depth) of 3600 feet and multiple zones were encountered with oil and gas shows in the well.

The Company is pleased to report that the main objective intersected 38 feet of potential pay. The operator of the project has called for the well to be completed and the well has now been cased to depth so that the completion program may commence.

The 38 foot pay zone will be immediately perforated, acidized and swab tested in order to establish possible production rates if the well is deemed commercial. The Company will report further details as results are made available from the operator in the field. 

The Prospect, located in northern Oklahoma, has potential for high gravity light oil above 3800 feet and if successful, wells could produce at Initial Production Rates in the 150 BPD range. The play has the potential for a multi-well program that could see the drilling of up to 8 additional wells. 

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 at the Rooney Project in Ford County, Kansas. Rooney is a new discovery for the Company that has the potential to drill 10 oil wells in 2010 and may contain 3 million barrels of oil. 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.
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Robert McIntosh
President & C.E.O.

To find out more about American Petro-Hunter, Inc. (OTCBB: AAPH), visit our website at www.americanpetrohunter.com  

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