Energy Stocks on the Move ; (OTCBB: AAPH), (AMEX: KOG), (AMEX:LNG)
Commodity Prices Come Back
Market Summary (at time of release)
Dow 11,275.30 +82.72 +0.74%
NASDAQ 2,530.45 +12.24 +0.49%
S&P 500 1,207.16 +7.95 +0.66%
10 Yr Bond (%) 2.8180% +0.0620
Oil 85.08 +0.20 +0.24%
Gold 1,370.70 +5.30 +0.39%
Oil and Gas Stocks/ Gold Stocks trading;
Trading November 15th (at time of release)
Trading November 15th (at time of release)
American Petro-Hunter, Inc. (OTCBB: AAPH) trading at $0.34, up 0.03 (7.94%)
Cheniere Energy, Inc. (AMEX: LNG), trading at $4.9340, up 0.5640 (12.68%)
Kodiak Oil & Gas Corp (AMEX: KOG) trading at $4.35, up 0.10 (2.35%)
Recent Oil and Gas Stocks News and Updates:
American Petro-Hunter, Inc. (OTC.BB: AAPH)
Oil and Gas Stocks; American Petro-Hunter (OTCBB: AAPH) to Complete NOJ26 Oil Well at North Oklahoma Project
“We have a topnotch engineering team in Tulsa and Oklahoma City and having reviewed their analysis, we concur that the potential of a successful horizontal well at the North Oklahoma Project could easily be 500 barrels per day per well of light, high quality crude”
–President Rob McIntosh, American Petro-Hunter November Newsletter
“SCOTTSDALE, AZ - November 11, 2010 (Investorideas.com energy newswire) – American Petro-Hunter, Inc. (OTC.BB:AAPH) ("American Petro-Hunter" or the "Company") today wishes to provide the latest update regarding the ongoing oil well completion program currently being undertaken at the NOJ26 location, North Oklahoma Project.
Engineers from the Company and operator have determined to commence the full well completion program from the multiple oil pay zones and have begun to perforate and complete the upper 40 foot Mississippi formation directly above the oil shale. The completion rig was directed to remain onsite, as it has been determined that the upper zone can be safely completed at this time and presents the most cost effective scenario prior to the well ultimately going on pump. The 40 foot Mississippi Mississippi
It is the Company's opinion that proceeding directly to the comingled zone production scenario will offer the fastest method to evaluate ultimate oil production rates. Establishing the flow rate potential of the entire well ensures that future planning will accurately target the best offset drilling locations on this lease and other land holdings in the area.” Full Article: http://www.investorideas.com/CO/AAPH/news/11112.asp
Cheniere Energy, Inc. (AMEX: LNG), Recent News;
Cheniere Signs MOU with ENN Energy Trading for Bi-Directional Processing Capacity at the Sabine Pass LNG Terminal
“Cheniere Energy Partners, L.P. announced today that its subsidiary, Sabine Pass Liquefaction, LLC ("Sabine"), has signed a memorandum of understanding ("MOU") with ENN Energy Trading Co., Ltd. ("ENN Energy Trading"), under which ENN Energy Trading intends to contract 1.5 million tonnes per annum ("mtpa") of bi-directional LNG processing capacity at the Sabine Pass LNG terminal located in Cameron Parish, Louisiana.
Under the MOU, ENN Energy Trading and Sabine have agreed to proceed with negotiations of definitive agreements for ENN Energy Trading to contract capacity for a primary term of 20 years with mutually agreed extension terms, subject to certain conditions precedent, including but not limited to Sabine's receipt of regulatory approvals and making a final investment decision to construct the liquefaction facilities, and ENN Energy Trading reaching a final investment decision to construct an LNG receiving terminal."
Full Article: http://finance.yahoo.com/news/Cheniere-Signs-MOU-With-ENN-prnews-2929792757.html?x=0&.v=1
About Kodiak Oil & Gas Corp (AMEX: KOG)
Denver-based Kodiak Oil & Gas Corp. is an independent energy exploration and development company focused on exploring, developing and producing oil and natural gas in the Williston and Green River Basins
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More info: 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. http://www.americanpetrohunter.com/
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