SOURCE: American Petro-Hunter, Inc.

American Petro-Hunter, Inc.

December 21, 2009 08:02 ET

American Petro-Hunter Announces Development Plans for Rooney Oil and Gas Project

SCOTTSDALE, AZ--(Marketwire - December 21, 2009) - American Petro-Hunter, Inc. (OTCBB: AAPH) ("American Petro-Hunter" or the "Company") today announces the Company's 2010 development plan for the Rooney Oil and Gas Project in Kansas. The 24-1 Double H well is moving forward with the commencement of full scale commercial oil and gas production currently slated for January 1, 2010. The assembly of surface facilities including a large tank battery, pump-jack and installation of oil and gas lines is moving ahead as planned.

The Company and operating partners plan to drill 10 wells in the upcoming year. The first offset development well is scheduled to spud on January 25th and following that, one additional well each successive month. This represents a $2.5 million investment by the Company which, if production rates are as anticipated, will be returned through revenue and cash flow on a very short payback.

A review of the Rooney engineering and seismic data has indicated that the newly discovered oil and gas reservoir has a potential aerial extent that exceeds in acreage the size of existing oil fields in the area that have produced in excess of 2.5 million barrels. If the Company successfully drills 10 wells, and should the entire seismically indicated target prove productive, Rooney has the potential to develop into a field containing approximately 3 million barrels of oil based on this comparative analogy.

In order to properly value the Rooney Project, the ongoing development plan will include third party independent reservoir engineering. It is the aim of the Company to establish, as soon as possible, the Proved Developed Producing (P.D.P.) and Probable Undeveloped Producing (P.U.D.) engineering report. The report will be critical in putting a valuation on any and all reserves established by the #24-1 Double H and future wells.

About the Rooney Project:

The Rooney Project is located in southwestern Ford County, Kansas 20 miles due south of Dodge City and totals 5,120 acres adjacent to the north edge of existing Morrow Sand oil and gas production. The initial discovery well, #24-1 Double H is anticipated to begin production at rates over 200 barrels per day. After a review of the 3D seismic data in conjunction with the electronic logs, the potential barrels of oil associated well and oil pool is currently estimated at 500,000 barrels. The Company and partners have developed a minimum of 5 target locations to drill that could enable the Company to add 5 additional wells to its portfolio by the end of the third quarter of 2010. The operator of the project is S&W Oil & Gas, LLC of Wichita, Kansas. Please visit to view background information on the project as well as recent photos of drilling operations in Kansas.

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 plans to have the Rooney project in production shortly. 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:

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.

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

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