SOURCE: American Petro-Hunter, Inc.

American Petro-Hunter, Inc.

March 02, 2010 16:31 ET

American Petro-Hunter Updates Events at New Kansas Oil Reservoir Estimated to Contain 3M Barrels of Oil

SCOTTSDALE, AZ--(Marketwire - March 2, 2010) -  American Petro-Hunter, Inc. (OTCBB: AAPH) ("American Petro-Hunter" or the "Company") is pleased to update the drilling progress at the Shelor Oil Well at the Rooney Project, located in Ford County Kansas.

Currently, the well has passed the 4,500 foot level and is drilling ahead. The Shelor well is planned for a total depth (T.D.) of approximately 5,400 feet and the Company now anticipates that the well will reach T.D. within 3 days.

Once the well reaches the T.D., any and all prospective oil and gas shows will be evaluated through a series of Drill Stem Tests and a suite of electronic well logs. The election to run casing as a commercial well in readiness for production would be made at that time. Management anticipates well testing to proceed during the upcoming weekend.

The Shelor well is the second oil well to be drilled at Rooney and is part of the Company's planned drill program aimed at drilling at least one well per month in order to rapidly develop the newly discovered reservoir.

The Shelor location is up-dip and North West from the currently producing 24 Double H well. In the event that the Shelor results as the second commercial producer at Rooney, the Company plans a rapid tie-in to the existing oil storage infrastructure and in the event of significant natural gas production to a nearby gas pipeline, a process estimated to take approximately two weeks to complete. Therefore, we would estimate that the Shelor well, if successful, could be generating revenue by mid-March.

In related news, American Petro-Hunter is pleased to announce the launch of an informative video outlining the Company's strategic aims and detailing recent important corporate events. To view the video, please visit our website at: www.americanpetrohunter.com

About the Rooney Project:
The Rooney Project is located in southwestern Ford County, Kansas 20 miles due south of Dodge City and totals 7,040 acres adjacent to the north edge of existing Morrow Sand oil and gas production. The initial discovery well, #24-1 Double H, commenced commercial production in January. The potential barrels of oil associated with the discovery well and underlying oil pool are currently estimated at 500,000 barrels and the Company feels the potential for the newly discovered reservoir is 3,000,000 barrels of oil. The Company and partners have developed a minimum of 10 target locations to drill that could add 10 additional wells to our portfolio by the end of the fourth quarter of 2010 at a planned drilling schedule of one new well per month. The operator of the project is S&W Oil & Gas, LLC of Wichita, Kansas. The purchaser of the oil production at Rooney is N.C.R.A. of McPherson, 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 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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