Woodford Shale and Bakken Energy Stocks

Point Roberts WA - May 17, 2011 - www.Investorideas.com, an investor research portal specialized in sector research including oil and gas stocks, issues a sector close up on oil and gas shale stocks as the plays heat up. High oil prices have brought in more players into the shale stock plays. An estimated 160 oil and gas companies are now in the Bakken play. American Petro-Hunter AAPH 52 Week range of $0.24 - 0.93 Brigham Exploration Company BEXP 52 Week range of $13.45 - 37.87 Continental Resources CLR Week range of $38.23 - 73.48 Devon Energy DVN Week range of $58.58 - 93.56 Kodiak Oil & Gas Corp KOG Week range of $ 2.43 - 7.70 Marathon Oil MRO Week range of $ 29.91 - 54.33 North American Bakken Oil Field Play - covering parts of Montana, North Dakota, and Saskatchewan. The USGS estimate of 3.0 to 4.3 billion barrels of undiscovered, technically recoverable oil in the Bakken Formation, and a mean estimate of 3.65 billion barrels, is an estimate of what industry may recover if the entire area of prospective Bakken Formation is produced using current technology. The current USGS mean estimate is a 25-fold increase over the previous USGS estimate, in 1995, of 151 million barrels of undiscovered technically recoverable oil in the Bakken Formation. As of August 2009, cumulative oil production from the Bakken Formation totaled about 190 million barrels (up from 164 million barrels in March 2009, 149 million barrels in December 2008 and 135 million barrels in September 2008). http://energy.cr.usgs.gov/oilgas/noga- (choose Williston/Bakken in the interactive map to see all available documents). Woodford Shale Emerging as a Leading Domestic Oil and Gas Play Recent Commentary: Patrick J. Murphy, of Murphy Analytics LLC Full article: http://www.investorideas.com/CO/AAPH/news/2011/03301.asp As noted by American Petro-Hunter AAPH CEO Robert McIntosh in the Company's January 2011 Corporate Newsletter, production in the Woodford Shale has skyrocketed over the last few years. CEO McIntosh and others have referred to the Woodford as a world class oil and gas target, an assertion that seems justified given that the Woodford Shale now ranks second domestically in gas production and fifth in oil production. Following is data and commentary related to the operations and outlook for some of the Woodford Shale's most active players. Devon Energy DVN: In a presentation1 at the Oppenheimer Unconventional Oil and Gas Conference, DVN noted that its Woodford assets benefit from a low cost of entry at approximately $2,200 per acre and a low average royalty burden at approximately 21%. The Company also notes that it recently completed construction of a gas processing plant, and after drilling 87 wells in 2010, DVN plans to drill over 200 wells in the Cana-Woodford Shale in 2011. Discussing the Company's Q4 20102 earnings, CFO and Executive Vice President Jeffrey Agosta commented on DVN's interest in the shale: "Moving to the Cana-Woodford Shale in Western Oklahoma, we continue to add to our acreage position during the fourth quarter and now have approximately 243,000 net acres. Devon is currently operating 23 out of the 39 rigs running play-wide." Marathon Oil MRO: At a recent Credit Suisse conference, MRO noted its interest3 in the Anadarko Woodford Shale play, with 3 rigs operating currently and 8 planned by the end of 2011. The company also observed that returns there are among the highest of domestic resource plays, and while exiting 2010 at approximately 1,500 BOED, MRO estimates that, by 2015, it could reach a peak rate of 30,000 BOED. In the Company's Q4 20104 conference call, Executive Vice President David Roberts noted that MRO plans to more than double its acreage in the area: "Marathon also holds 86,000 acres in the Anadarko Woodford area, an area where we have operated for decades, and we have line in sight on new opportunity to increase that position to over 100,000 acres shortly. Importantly, we will have eight rigs in the play by 2011 by the end of this year." Full article: http://www.investorideas.com/CO/AAPH/news/2011/03301.asp More info: American Petro-Hunter, Inc. 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. www.americanpetrohunter.com Company Research http://www.aaphreport.com/ Visit the AAPH showcase profile at Investorideas.com http://www.investorideas.com/CO/AAPH/ Request News and Info on AAPH http://www.investorideas.com/Resources/Newsletter.asp Contact American Petro-Hunter: Mountainview IR Services, Inc. 1-888-521-7762 investors@americanpetrohunterinc.com About InvestorIdeas.com: InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing, covering leading industry sectors including energy and mining stocks. Research Energy Stocks at Investorideas.com The energy stocks directory is available separately in a PDF of part of the Investorideas.com Members currently have 24/7 online access to the exclusive subscriber-only eleven stock directories in leading sectors including renewable energy, water, mining, defense, biotech, nanotech and energy stocks. Visit the Investor Ideas membership page to learn more at: http://www.investorideas.com/membership/ Get Free stock alerts and news on energy stocks http://www.investorideas.com/Resources/Newsletter.asp Disclaimer/ Disclosure: The following news is paid for and /or published as information only for our readers. American Petro-hunter Inc. (AAPH.OB) is a showcase energy stock on Investorideas.com and all related energy portals and blogs ( averaging two thousand per month) Investorideas.com is a third party publisher of news and research .Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of principal .This site is currently compensated by featured companies, news submissions and online advertising. Investorideas.com Disclaimer: http://www.investorideas.com/About/Disclaimer.asp Investorideas.com Disclosure: http://www.investorideas.com/About/News/Clientspecifics.asp The author, Patrick Murphy, was compensated $350 for writing this article by InvestorIdeas.com. Mr. Murphy does not own shares of any of the companies mentioned in this article. Mr. Murphy expects his research firm, Murphy Analytics, to be engaged for the provision of a research report on AAPH in March 2011. Woodford Shale Emerging as a Leading Domestic Oil and Gas Play For Additional Information about Investorideas.com energy portals: 800-665-0411 or cvanzant@investorideas.com http://phx.corporate-ir.net/External.File?item=UGFyZW50SUQ9ODMzMzh8Q2hpbGRJRD0tMXxUeXBlPTM=&t=1 http://seekingalpha.com/article/253329-devon-energy-s-ceo-discusses-q4-2010-results-earnings-call-transcript?find=dvn http://www.marathon.com/content/documents/investor_center/presentations/Credit%20Suisse%202011%20Energy%20Summit.pdf http://seekingalpha.com/article/250421-marathon-oil-s-ceo-discusses-q4-2010-results-earnings-call-transcript?find=mro Visit the AAPH showcase profile at Investorideas.com Request News and Info on AAPH Disclosure, Disclaimer/ AAPH is a paid advertising client on Investorideas.com. American Petro-hunter Inc. (AAPH.OB) Oct 2010 - one month showcase energy stock on Investorideas.com and energy portals and blogs (three thousand per month)