Energy Stocks Trading Alert; American Petro-Hunter Inc (OTCBB: AAPH) up 10% at Close on News of Commercial Production
Recent Research Reports Sets $1.02 price target
Point Roberts, WA. –December 13, 2010 (Investorideas.com Newswire) - InvestorIdeas.com and its leading Energy investor portals, announces a technical stock trading alert and stock chart for showcase American Petro-Hunter Inc (OTCBB: AAPH). The energy stock traded up over 10% on the day, following news that the Company has now reached the final stage of the ongoing well completion program of the NOJ26 oil well at the North Oklahoma Project. The well is currently undergoing preparations to commence commercial production.
Oil and Gas Stocks; American Petro-Hunter (OTCBB: AAPH) Finalizing Completion of NOJ26 Oil Well in Readiness for Immediate Commercial Production
As crude prices break two year highs and investors are actively looking at energy stocks, American Petro-Hunter Inc (OTCBB: AAPH) represents significant upside according to recently released research, with a target price of $1.02 per share.
The energy stock research report on American Petro-Hunter Inc (OTCBB: AAPH), byGrass Roots Research and Distribution, Inc., is available for energy investors to get more in-depth analysis of the company and its energy portfolio.
Full report at www.grassrootsrd.com and http://www.investorideas.com/CO/AAPH/Cohen_AAPH_report_100510.pdf
INVESTMENT THESIS & RECOMMENDATION; Written by Grass Roots Research and Distribution, Inc.
Cohen Report Projects $1.02 per share for American Petro-Hunter (OTCBB: AAPH)
“American Petro-Hunter intends to become a 500-1000 BOE producer in the next 12-36 months by aggressively developing its Poston and North Oklahoma Oil Project as well as continuing to engage in exploratory drilling opportunities on its Colby Prospect and Sacramento Gas Prospect. The Company further intends to expand its acreages across North America.
Key corporate value drivers include: discovery of a new oil field, existing production capabilities, and a balanced portfolio of assets, favorable industry economics, recent funding arrangement and a strong management team. Providing the Company raises approximately $5.0 million of total capital, we forecast significant top line growth. Revenues are expected to grow from $0.5 million FYE December 31, 2010 to more than $11.8 million by FYE 2014.
AAPH is potentially a lucrative investment opportunity in the oil and gas E&P space and provides an upside potential of 191.3% in the short term and long term.…
To read full report please check out www.grassrootsrd.com and http://www.investorideas.com/CO/AAPH/Cohen_AAPH_report_100510.pdf
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