Amer Petro-Hunter Inc AAPH

AAPH Given a "Buy" Rating and a $1.45 Price Target

[fredski]

SOURCE: IO NewsWire

May 24, 2011 07:00 ET

American Petro-Hunter (OTCBB: AAPH) Given a "Buy" Rating and a $1.45 Price Target

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by the IO News Wire.

NEW YORK, NY--(Marketwire - May 24, 2011)- As oil prices continue to hover around the $100 mark, oilexploration and production (E&P) companies have a lower risk profileregardless of their size.

American Petro-Hunter, Inc. (OTCBB: AAPH)is a prime example of an E&P company benefiting from oil and gasprices' current levels. They have recently been given a "Buy" rating and12 month price outlook of $1.45 by EquityNet Research.

Other notable oil and gas companies who are receiving the optimism of analysts are Harvest Natural Resources (NYSE: HNR) rated "Accumulate" by SMH Capital, EOG Resources, Inc (NYSE: EOG) rated a "Buy" by Wunderlich Securities, and SM Energy Company (NYSE: SM) upgraded to "Buy" from Stifel Nicolaus.

AmericanPetro-Hunter, who recently broke ground and commenced drilling on theirOklahoma property, is aggressively working towards being anintermediate level oil and gas producer inside of 12 months. The companyis also currently in production at the Poston Project in Trego County,Kansas.

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