SOURCE: IO News Wire

IO News Wire

May 12, 2011 07:00 ET

US Based Oil and Gas Exploration Company Receiving Analyst Attention

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

NEW YORK, NY--(Marketwire - May 12, 2011) - Energy independence has increasingly been the focal point of news nationwide, analysts have been responding by upgrading many US based oil and gas companies to a more positive outlook as well as raising their price targets.

American Petro-Hunter (OTCBB: AAPH) currently trading at $.36 has a $1.02 price target set by Grass Roots Research. Range Resources Corp (NYSE: RRC), which has active wells in Oklahoma has recently been upgraded to "Accumulate" by Global Hunter Securities. Another player in oil and gas exploration and development is Newfield Exploration Co (NYSE: NFX) which was brought up to a "Buy" from a "Hold" by Canaccord Genuity. Devon Energy Corp (NYSE: DVN), the biggest of the group in terms of market cap, is marked as "Outperfom" by RBC Capital Markets.

American Petro-Hunter, which has a diversified and balanced portfolio, of producing assets in Kansas, leases in Oklahoma and a prospects California is focused on growth both organically and through key acquisitions. American Petro-Hunter is focused on low-risk, high-reward targets to ensure their vision of being a 1000 BOE producer is met in the intermediate future.

For more information, please visit www.americanpetrohunterinc.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