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Amer Petro-Hunter Inc AAPH

Energy Oil & Gas E&P
"American Petro-Hunter Inc is a part of the oil and gas sector functioning as an oil and natural gas exploration and production company. Its producing properties include North Oklahoma Project and South Oklahoma Project. It has entered into an operating agreement with Bay Petroleum Corp. (\"Bay\") to participate in the drilling for oil in northern Oklahoma. The company's focus is currently in locating and assessing potential acquisition targets, including real property, oil and gas rights and oi


GREY:AAPH - Post by User

Amer Petro-Hunter Inc > News and video - AAPH now trading above $1.10
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Comment by chasingoldon Mar 04, 2010 11:07pm
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Post# 16845978

RE: News and video - AAPH now trading above $1.10

RE: News and video - AAPH now trading above $1.10AAPH is undervalued and currently trades at $25 million dollar mkt cap.I think its fair to value this company at $2 a share. and heres why

after their oil discovery today and based on being a 1000 barrels ofoil a day producer, @ $70 oil (conservative), we are looking at
1000*70*365 = $25,550,000 in revenue from the production of certain wells.

Thats double the mkt cap with a 1 times revenue multiple put on.
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