SOURCE: American Petro-Hunter, Inc.
SCOTTSDALE, AZ--(Marketwire - May 25, 2011) - American Petro-Hunter, Inc. (OTCBB: AAPH)("American Petro-Hunter" or the "Company") today wishes to update thedrilling progress of the NOM1H Horizontal well at the Company's NorthOklahoma Project.
Directional drilling has now commenced. TheK.O.P. (kick off point) has been reached, and the well is now enteringthe curved section of the hole. The well plan calls for approximately1,600 feet of lateral to be drilled in the Mississippi formation beforereaching a total depth of about 5,300 feet, with a true vertical depthof about 3,900 feet.
The NOM1H well is the first of a plannedseries of horizontal wells designed to test and develop oil and gas inthe 100 foot thick limestone Mississippi Formation. Once the lateralportion reaches its engineered length, a period of testing andevaluation will commence.
In related news, a neighboring majorindependent oil company has received a permit to proceed with thedrilling of its first horizontal test of the Woodford Shale in PayneCounty. This nearby well is engineered for a total depth of 9,177 feetwith a true vertical depth of 4,300 feet. As American Petro-Hunter isplanning a horizontal well into the Woodford Shale as part of our 2011development program, the results of this neighboring well will proveinstrumental towards the timing of our first horizontal efforts in theformation.
Company President Robert McIntosh states, "The lateralturn of the drill into the horizontal phase means we are now enteringthe objective pay zone in the Mississippi Formation. Over the next week,drilling operations will be closely monitored by the directionaldrilling engineer to ensure we stay in the Mississippi for the durationof the operation. The upcoming testing phase is a critical step in thedetermination of our next well as we gear up for a very busy summer ofdrilling."
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 gasproducer within 12 months. The Company is in production at the PostonProject in Trego County, Kansas and the North Oklahoma Project. With theachievable target of becoming a 1000 BOE producer as our goal, AmericanPetro-Hunter is actively on the "hunt" for domestic petroleum assets.Visit us at: www.americanpetrohunter.com
Notice Regarding Forward-Looking Statements
Thisnews release contains "forward-looking statements" as that term isdefined in Section 27A of the United States Securities Act of 1933 andSection 21E of the Securities Exchange Act of 1934. Statements in thispress release which are not purely historical are forward-lookingstatements and include any statements regarding beliefs, plans,expectations or intentions regarding the future. Such forward-lookingstatements include, among other things, the development, costs andresults of our exploration program at our properties and any anticipatedfuture production. Actual results could differ from those projected inany forward-looking statements due to numerous factors. Such factorsinclude, among others, the inherent uncertainties associated withpetroleum exploration and development stage exploration companies. Theseforward-looking statements are made as of the date of this newsrelease, and we assume no obligation to update the forward-lookingstatements, or to update the reasons why actual results could differfrom those projected in the forward-looking statements. Although webelieve that the beliefs, plans, expectations and intentions containedin this press release are reasonable, there can be no assurance thatsuch beliefs, plans, expectations or intentions will prove to beaccurate. Investors should consult all of the information set forthherein and should also refer to the risk factors disclosure outlined inour annual report on Form 10-KSB for the most recent fiscal year, ourquarterly reports on Form 10-QSB and other periodic reports filed fromtime-to-time with the Securities and Exchange Commission.
ON BEHALF OF THE BOARD
American Petro-Hunter, Inc.
- - - - - - - - - - - - - - - - - -
Robert McIntosh
President & C.E.O.
To find out more about American Petro-Hunter, Inc. (OTCBB: AAPH), visit our website at www.americanpetrohunter.com