American PetroHunter Inc. is in the StockGuru Spotlight for May 20, 2009
DALLAS, TEXAS : StockGuru announces that American PetroHunter Inc. (OTCBB: AAPH) is in the StockGuru Spotlight. American Petro-Hunter, Inc. does not have significant operations. The company focuses in locating and assessing potential acquisition targets, including real property, oil and gas rights, and oil and gas companies. Previously, it engaged in manufacturing and marketing of a dental color analyzer, a technology to assist the dental industry in determining the shades and colors of dental materials used in replacement and/or restorative work. The company, formerly known as Travelport Systems, Inc., was founded in 1996 and is based in Blaine, Washington.
On Tuesday, the company put out news regarding the #1 Lutters Well oil well on the Poston Prospect, Trego County, Kansas, has encountered both oil and gas in Drill Stem Tests (D.S.T.) over a 46 foot interval. The oil encountered was excellent quality 35 degree light oil and tests resulted in 65% oil cut with 10% gas and mud with no water. With these very favorable test results, the Company has made a casing election to set pipe following well logging. All preliminary indications are that the #1 Lutters Well will be a commercially viable oil well. Further calculations and tests will be conducted to determine the potential daily production rate that the well is capable of. The Company will announce further results as soon as they are available from the field.
Shares for American PetroHunter Inc. (OTCBB: AAPH) were up in the morning of trading on Tuesday and closed up one cent at close.
To view our StockGuru Spotlight on American PetroHunter Inc. (OTCBB: AAPH), please visit:
http://www.stockguru.com
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The StockGuru Spotlight features stocks that we expect some action in. Generally speaking we expect a strong showing in the market based on the market, our knowledge of the stock and the buzz in the markets. Many times these will be stocks that have big news out recently, there is fresh interest in getting the word out on these stocks or we hear a buzz in our day to day contacts on these stocks. If we think it is going to move or see action, we put it in the StockGuru Spotlight. If we are compensated for a stock in the Spotlight, it will be clearly disclosed within this Spotlight Announcement.
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