SOURCE: IO News Wire

IO News Wire

May 17, 2011 07:00 ET

American Petro-Hunter Inc. (OTCBB: AAPH) Begins Horizontal Drilling Program in Search of 'Big Oil' in Oklahoma

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by the IO News Wire

NEW YORK, NY--(Marketwire - May 17, 2011) - American Petro-Hunter, Inc. (OTCBB: AAPH) announced yesterday that the company has begun drilling its first horizontal well in the Mississippi Formation in Northern Oklahoma.

Oklahoma has continued to be a focal point for big drilling. Some of the world's largest oil and gas producers like, Southwestern Energy (NYSE: SWN), Copano Energy, L.L.C. (NASDAQ: CPNO), and Occidental Petroleum Corp (NYSE: OXY) are drilling in the Oklahoma region. American Petro-Hunter is a fast growing E&P company with exceptional land holdings in the Oklahoma area. This will mark the company's first Horizontal Drill program at the current acreage in Oklahoma.

American Petro-Hunter President Robert McIntosh stated in the company's press release, "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."

American Petro-Hunter's Horizontal Drilling announcement comes on the heels of President Obama's nationally televised speech announcing the US government's focus on increasing domestic production of oil and gas.

American Petro-Hunter, Inc. 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 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 Information