Please find below today’s “News Release”, May 10, 2010, concerning American Petro-Hunter, Inc.(OTCBB: AAPH) for your review. Also, please proceed to the following link in order to review an informative 3 minute video concerning American Petro-Hunter, Inc., (OTCBB: AAPH): http://www.youtube.com/watch_popup?v=k-r0Ig491T4. Additional information can be found at the Company’s website at: www.americanpetrohunter.com. If you have any questions or wish additional information, please feel free to contact the undersigned. Also, if you know anyone who would like to be added toAmerican Petro-Hunter, Inc.’s email update list, please have them contact us directly. As progress is achieved, you will be informed. Thank you for your ongoing support concerning American Petro-Hunter, Inc. (Please Note: There were NO attachments sent along with this email).
Direct link to American Petro-Hunter, Inc.’s April “Corporate Overview”: http://www.americanpetrohunterinc.com/about/AAPHCorporateOverview.pdf
Direct link to American Petro-Hunter, Inc.’s previous news release dated May 4, 2010: http://www.americanpetrohunterinc.com/news/news.aspx?nrnum=340
American Petro-Hunter North Oklahoma Oil Project to Produce Oil Commercially
SCOTTSDALE, AZ -- (Marketwire) -- 05/10/10 -- American Petro-Hunter, Inc. (OTCBB: AAPH) ("American Petro-Hunter" or the "Company") is pleased to report that the No. 1 Well at the "North Oklahoma Oil Project" is to go into production as a commercially viable oil well.
Recent efforts have concluded with a successfully perforated, acidized and swab tested well with 38 feet of pay. The operator plans to fracture stimulate the pay zone based on a comparative assessment of swab results, pressures and flow rates to analog wells that present similar reservoir characteristics located in the area. The engineers have concluded that implementation of the stimulation program should result in an I.P.R. (Initial Production Rate) in excess of 350 barrels per day.
The project is located in a historic oil & gas district of northern Oklahoma. The Company anticipates production of high gravity light oil above 3800 feet to begin in mid-June 2010. The play has the potential for a multi-well program that could see the drilling of up to 8 additional wells on 40 acre spacing in the field.
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
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