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Category: Investment, Oil, Gas, Energy

Oklahoma Oil and Gas Stock Trading Alert; (OTCBB: AAPH), (NYSE: CHK), (NYSE: DVN), (NYSE: SD)

AAPH Announces Plans of a minimum of 11 horizontal wells

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Point Roberts, WA - July 19, 2011 (Investorideas.com Energy Newswire) - www.InvestorIdeas.com, a leader in sector research including oil and gas stocks, issues a trading alert for Oklahoma oil and gas stocks for trading July 18th.

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American Petro-Hunter, Inc. (OTC.BB:AAPH) traded up on news of updated plans regarding the Company's continued participation in a proposed field development horizontal drilling program of the Mississippi formation at the North Oklahoma Project.

Based on the commercial success of the recent NOM-1H horizontal well, the Company and working interest partners have determined that the development plan for this newly defined Mississippi oil and gas reservoir can accommodate the drilling of a minimum of 11 horizontal wells.

Chesapeake Energy (NYSE: CHK ) announced its Buffalo Creek 1-17 well located in Beckham County, Oklahoma, recently surpassed cumulative gross production of more than 60 billion cubic feet of natural gas (bcf). Chesapeake operates the well with an 82.6% working interest and a 65.8% net revenue interest.

Newfield Exploration (NYSE: NFX ) announced its Earnings Conference Call (Q2 2011), Scheduled to start Thu, Jul 21, 2011, 9:30 am Eastern.

Trading Snapshot

  • American Petro-Hunter, Inc. (OTCBB: AAPH) closed at 0.57 0.01 (1.79%), trading as high as $0.60 in earlier trading
  • Chesapeake Energy Corporation (NYSE: CHK ) traded at $32.89, down 0.07 (0.21%)
  • Devon Energy Corporation (NYSE: DVN ) ended at $79.97, down 0.49 (0.61%) but was up in after hours trading
  • Newfield Exploration (NYSE: NFX ) closed at $ 69.02, down 0.76 (1.09%)
  • Range Resources Corporation (NYSE: RRC ) finished at $61.00, down 0.78 (1.26%)
  • SANDRIDGE ENERGY (NYSE: SD ) closed the day at $11.19, down 0.01 (0.09%)

Featured Oklahoma Oil and Gas Stock: 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. Visit us at: www.americanpetrohunter.com

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