Investorideas.com's  Instablog

Investorideas.com
Send Message
InvestorIdeas.com is a leader in investor stock research by sector, featuring stock news, commentary and trading alerts in leading sectors including biotech, tech, mining, energy, water, renewable energy, beverage stocks and more . Follow Investorideas.com on Twitter... More
My company:
Investor Ideas
My blog:
Clean Energy Stocks
  • Oklahoma Oil and Gas Stocks Trading Alert; (OTCBB: AAPH), (NYSE: DVN ), (NYSE: XEC ), (NYSE: CLR ) 0 comments
    May 16, 2011 12:39 PM | about stocks: DVN, XEC, CLR, AAPH
    Oklahoma Oil and Gas Stocks Trading Alert; (OTCBB: AAPH), (NYSE: DVN ), (NYSE: XEC ), (NYSE: CLR )
     
    Point Roberts, WA. –May 16 , 2011 (Investorideas.com Energy Newswire) - www.InvestorIdeas.com, a leader in sector research including energy stocks releases a trading alert for oil and gas stocks drilling in Oklahoma including American Petro-hunter Inc (OTCBB: AAPH), Devon Energy Corporation (NYSE: DVN ),Cimarex Energy (NYSE: XEC ) and  Continental Resources, Inc. ( NYSE: CLR ).
     
    Devon Energy Corporation (NYSE: DVN )recently reported first-quarter production benefited from better than expected results from several core properties, including the Cana-Woodford and Barnett Shale.
     
    American Petro-Hunter, Inc. (OTC.BB: AAPH) announced today that drilling operations have commenced at the Company's newest well site on the North Oklahoma Project. Today, drilling equipment has been mobilized with preparations underway for the Company's first horizontal well, designated NOM1H.
     
    According to research at http://www.aaphreport.com/,”American Petro-hunter Inc (OTCBB: AAPH) is the only junior oil and Gas Company taking part in the play in the heart of the excitement taking place right now in Payne County, Oklahoma! “
    .
    Sector Snapshot
    American Petro-hunter Inc (OTCBB: AAPH) trading at $0.39, up 0.0010 (0.26%)  
    Devon Energy Corporation (NYSE: DVN ) trading at $82.58, up 0.56 (0.68%) 12:12PM EDT
    Cimarex Energy (NYSE: XEC ) trading at $92.90, up 0.28 (0.30%)
    Continental Resources, Inc. (NYSE: CLR ) trading at $60.09, down 0.71 (1.20%) 12:20PM EDT
     
    Market Snapshot
    Dow 12,618.34 +22.59 +0.18% 
    Nasdaq 2,809.28 -19.19 -0.68% 
    S&P 500 1,338.41 +0.64 +0.05% 
    10 Yr Bond(%) 3.1670% -0.02 
    Oil 98.17 -1.48 -1.49% 
    Gold 1,489.70 -3.70 -0.25%
     
    Recent Oklahoma Oil and Gas Stocks News;
     
    Devon Energy Earns $416 Million in First-Quarter 2011; North American Onshore Production Increases 7 Percent
     
    OKLAHOMA CITY---- Devon Energy Corporation (NYSE:DVN - News) today reported net earnings of $416 million for the quarter ended March 31, 2011, or $0.97 per common share ($0.97 per diluted common share). This compares with first-quarter 2010 net earnings of $1.2 billion, or $2.67 per common share ($2.66 per diluted common share). The decrease in quarterly earnings is primarily attributable to non-cash, unrealized changes in the fair value of oil, gas and NGL derivatives.
     
    First-quarter 2011 financial results were impacted by certain items securities analysts typically exclude from their published estimates. The most significant of the adjusting items was a non-cash, unrealized loss on oil, gas and NGL derivatives of $254 million before-tax ($166 million after-tax). Excluding these adjusting items, Devon earned $575 million or $1.34 per diluted common share in the first quarter of 2011. The adjusting items are discussed in more detail later in this news release.
     
    Production Growth Exceeds Guidance, Driven By Strong Liquids Growth
     
    Production from continuing operations averaged 629,000 oil-equivalent barrels (Boe) per day in the first quarter of 2011, in spite of curtailments related to severe winter weather. Compared to the first quarter of 2010, Devon’s North American onshore production increased seven percent and exceeded the top-end of the company’s guidance by 4,000 barrels per day. First-quarter production benefited from better than expected results from several core properties, including the Cana-Woodford and Barnett Shale.
     
    American Petro-Hunter (OTCBB: AAPH) Announces Drilling of Horizontal Well at North Oklahoma Project
     
    SCOTTSDALE, AZ – May 16, 2011 (Investorideas.com energy newswire) - American Petro-Hunter, Inc. (OTC.BB: AAPH) ("American Petro-Hunter" or the "Company") is very pleased to announce that drilling operations have commenced at the Company's newest well site on the North Oklahoma Project. Today, drilling equipment has been mobilized with preparations underway for the Company's first horizontal well, designated NOM1H.
    Full news: http://www.investorideas.com/CO/AAPH/news/2011/05161.asp
     
     
    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 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
    American Petro-hunter Inc (OTCBB: AAPH) is a showcase Oil and Gas stock on Investorideas.com (please read disclosure and disclaimers)
    Visit the showcase page on Investorideas.com
     
    Equity research report on American Petro-Hunter Inc (OTCBB: AAPH
     
    Request info on AAPH:
     
    About Investor Ideas Oil and Gas portal: OilandGasStocksNews.com is a global meeting place for investors and industry following the energy sector, within Investorideas.com. Global visitors use the site daily
    to research the latest news, articles, audio, research reports and our oil and gas and natural gas stock directories.
     
    Investorideas.com features third party research in multiple industry sectors including energy, biotech and mining.  More third party research reports can be found at http://www.investorideas.com/Research/.
     
    Disclaimer: The following American Petro-Hunter Inc news is paid for by third party on behalf of showcase energy stock AAPH (averages 2000 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. This site is currently compensated by featured companies, news submissions and online advertising.
     
     
    Investorideas.com Disclaimer: http://www.investorideas.com/About/Disclaimer.asp  
     
    C Van Zant: 800-665-0411 - cvanzant@investorideas.com
    Source - Investorideas.com
    Stocks: DVN, XEC, CLR, AAPH
Back To Investorideas.com's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

StockTalks

More »
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.