Point Roberts WA - November 18, 2010 (Investorideas.com Energy Newswire) – www.Investorideas.com reports on energy stocks trading for November 18th for interested oil and gas investors.
Energy Stocks Trading November 18th, 2010 (at time of release)
American Petro-Hunter, Inc. (OTC.BB: AAPH) trading $ 0.34, up 0.01 (3.03%)
Point Roberts, WA - November 17, 2010 - The Investorideas.com Energy Newswire makes recent Oil and Gas stock research reports and CFA commentary on American Petro-Hunter Inc (OTCBB: AAPH ) available to oil and gas investors.
Lisa Springer, CFA, equity research analyst and financial writer features AAPH in both Oil and Gas sector commentaries; "The Role of Independent Producers in America’s Energy Future" and " Untapped Opportunity in Shale Oil". Reports include Big Players in the Oil and Gas Sector Including Devon Energy ( NYSE:DVN), Chesapeake ( NYSE:CHK), Sandridge ( NYSE:SD), ExxonMobil (NYSE:XOM), Newfield Exploration (NYSE:NFX) and American Petro-Hunter (OTCBB: AAPH)
The Cohen report by Grass Roots Research and Distribution notes, "Based on an average of these methods, AAPH common stock is valued at $1.02 per share, 191.3% higher than current market price of $0.34."
Chesapeake Energy Corporation (NYSE: CHK )Recent News:
Chesapeake Energy Corporation and CNOOC Limited Announce Closing of Eagle Ford Shale Project Cooperation Agreement
"Chesapeake Energy Corporation today announced the closing of a project cooperation agreement whereby CNOOC International Limited, a wholly owned subsidiary of CNOOC Limited, purchased a 33.3% undivided interest in Chesapeake's 600,000 net oil and natural gas leasehold acres in the Eagle Ford Shale project in South Texas. The consideration for the transaction was $1.08 billion in cash, plus an additional $40 million payment adjustment at closing. In addition, CNOOC Limited has agreed to fund 75% of Chesapeake's share of drilling and completion costs up to $1.08 billion, which Chesapeake expects to occur by year-end 2012.
Aubrey K. McClendon, Chesapeake's Chief Executive Officer, commented, "We are very pleased to have partnered with CNOOC Limited in completing our fifth industry shale development transaction. We look forward to accelerating the development of this large domestic oil and natural gas resource, resulting in a reduction of our country's oil imports over time, the creation of thousands of high-paying jobs in the U.S. and the payment of very significant local, state and federal taxes."
Chesapeake Energy Corporation is the second-largest producer of natural gas and the most active driller of new wells in the U.S. Headquartered in Oklahoma City, the company's operations are focused on discovering and developing unconventional natural gas and oil fields onshore in the U.S. Chesapeake owns leading positions in the Barnett, Fayetteville, Haynesville, Marcellus and Bossier natural gas shale plays and in the Granite Wash, Eagle Ford, Niobrara and various other unconventional liquids plays. The company has also vertically integrated its operations and owns substantial midstream, compression, drilling and oilfield service assets. Further information is available at www.chk.com.
Chevron Energy Solutions Receives Highest Level of Recognition From OSHA's Voluntary Protection Program
"Chevron Energy Solutions, a unit of Chevron Corporation (NYSE:CVX), announced today that its operation of the Central Utility Plant at Fort Detrick has earned Star Status from the Occupational Safety and Health Administration's (OSHA) Voluntary Protection Program (VPP). The Star VPP is OSHA's prestigious safety and health certification that recognizes employers and workers in private industry and federal agencies who have implemented exemplary occupational safety and health management systems and maintain injury and illness rates below national Bureau of Labor Statistics averages for their respective industries."
More info: 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.
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