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AAP Alpha Airports

109.00
0.00 (0.00%)
14 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Alpha Airports LSE:AAP London Ordinary Share GB0000281328 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 109.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

American Petro-Hunter Releases Video of Recent Oil Reservoir Discovery

03/03/2010 2:30pm

PR Newswire (US)


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SCOTTSDALE, Ariz., March 3 /PRNewswire-FirstCall/ -- American Petro-Hunter, Inc. (BULLETIN BOARD: AAPH) ("American Petro-Hunter" or the "Company") announced today that the company has released an informative video detailing its recent oil reservoir discovery. The undiscovered reservoir was found at the company's Rooney Project, located in Ford County, Kansas. To view the multimedia assets associated with this release, please click: http://multivu.prnewswire.com/mnr/kansasoil/42342/ In addition to details regarding the discovery, the video features actual footage of the Rooney Project in Kansas, sound bites from CEO Rob McIntosh, and discussions of the company's future plans. This discovery 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. To view the video, please visit our website at: http://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. (BULLETIN BOARD: 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: http://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. To find out more about American Petro-Hunter, Inc. (BULLETIN BOARD: AAPH) , visit our website at http://www.americanpetrohunter.com/. DATASOURCE: American Petro-Hunter CONTACT: Investor Relations, Bakerview Investor Relations, Inc.,+1-888-521-7762, investors@americanpetrohunterinc.com Web Site: http://www.americanpetrohunter.com/

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