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Trading November 9th (at time of release)
- American Petro-Hunter, Inc. (OTC.BB: AAPH) trading at $0.34
- Alto Group Holdings Inc. (OTCBB: ALTO) trading at $0.0150, up 0.0010 (7.14%)
- Coastal Pacific Mining Corp. (OTCBB: CPMCF) trading at $0.18, up 0.0004 (.22%) on over 6 Million Shares in Volume
American Petro-Hunter, Inc. (OTC.BB: AAPH)
Oil and Gas Stocks; American Petro-Hunter (OTCBB: AAPH) Reviewing Potential Production Acquisitions
"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...." Written by Grass Roots Research and Distribution, Inc.
�SCOTTSDALE, AZ - November 9, 2010 (Investorideas.com energy newswire) � American Petro-Hunter, Inc. (OTCBB: AAPH) (�American Petro-Hunter� or the �Company�) is pleased to announce that the Company is currently reviewing 3 potential oil production assets for acquisition.
As part of the Company�s strategic development plan to meet internal intermediate and long term production goals, production acquisitions based on �proved, developed, producing� (PDP) assets combined with multiple �probable undeveloped drilling� locations (PUD) are undergoing rigorous consideration.
The Company has commissioned third party, reservoir engineering reports on two producing fields in California and one in Kansas which are currently yielding production ranging from fifty to several hundred barrels per day. These existing production scenarios are considered undervalued given their proved developed and probable reserves. Management believes that the most important criterion in evaluating projects of this nature is for them to offer at least 20 development well locations so that should the field at any juncture begin to operate below capacity, the Company can drill offset development locations and, and deploy upgraded infrastructure combined with the employment of new technologies to optimize any underutilized production opportunities.�
Full Article: http://www.investorideas.com/CO/AAPH/news/11091.asp
Coastal Pacific Mining Corp. (OTCBB: CPMCF) Recent News;
Coastal Pacific Mining Corp. Set to Initiate Phase I Exploration on Its Santa Rita Property, Peru
�Coastal Pacific Mining Corp. ("Coastal Pacific" or the "Company"), is pleased to announce that it has made arrangements to retain Gateway Solutions S.A.C. ("Gateway") to carry-out a Phase I exploration program on its newly acquired Santa Rita property located in Peru.
The program set to initiate in early December will be supervised by Luc Pigeon B.Sc, M.Sc., P.Geo, a Geoscientist and Qualified Person ("QP") as defined by NI 43-101. Both Gateway and the QP are independent from the Company.
The 1200 hectares (2965 acres) Santa Rita property is located within the Central Cordillera of the Peruvian Andes in rugged terrain at elevations that vary between 4200 m (13,780 feet) to 4800 m (15,748 feet) above sea level. Limited exploration by Gateway and others has outlined vein and replacement mineralization within the Jumasha Formation rock which may continue at depth. The Jumasha Formation is important in central Peru for its large volume skarn deposit potential.�
Full Article: http://finance.yahoo.com/news/Coastal-Pacific-Mining-Corp-iw-4045867932.html?x=0&.v=1
About Coastal Pacific Mining Corp. (OTCBB: CPMCF)
Coastal Pacific activities are to explore, develop and mine gold and silver resources in North and South America. As its primary focus, Coastal Pacific will partner with companies having mineral properties to develop and produce. Currently the Company has option agreements in place for properties in Ontario, Canada and the Province of Huancavelica, Peru.
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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.
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