NEW YORK, NY � July 13, 2011 (Investorideas.com energy newswire) – American Petro-Hunter (PINKSHEETS: AAPH) has been making progress at the Company’s Northern Oklahoma property recently announcing its first oil and gas sale shortly after the project went into production.
Oklahoma has seen a sharp increase in the amount of rigs within its borders, especially since the first half of 2010. According to a June 2011 Report by Headwaters Economics (http://headwaterseconomics.org/energy/western/rig-activity/) horizontal drilling, a technique employed by American Petro-Hunter, has been one of the leading reasons for the growth and development as more oil and gas is able to be recovered from what used to be unconventional plays.
American Petro-Hunter is following some big players in oil and gas with its location and techniques. Range Resources Corp. (NYSE: RRC), Continental Resources, Inc. (NYSE: CLP) and Forest Oil Corp. (NYSE: FST) all have substantial interest in the fields in Oklahoma near American Petro-Hunter and are employing similar drilling techniques for oil and gas recovery.
For more information, please visit www.americanpetrohunter.com
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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 with new drilling activity and production underway at the North Oklahoma Oil Project. 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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