Overview

American Petro-Hunter’s primary focus is developing oil and gas exploration projects in the United States. Their principal project is a new interest in North Oklahoma, a region known for prolific oil production. The Company has completed the drilling of one well on the property, in what is projected to be a 15 well program. American Petro-Hunter also has three oil interests in Kansas, and a 25% working interest in a gas project in California. American Petro-Hunter’s experienced management team, underdeveloped and unexploited reserves, cutting edge well technology, knowledgeable and capable engineers provide them with a significant competitive advantage.

Chief Properties

Oklahoma

North Oklahoma Project

American Petro-Hunter has acquired a working interest in an oil project in northern Oklahoma. The first well, “No.1”, was successfully drilled and the resulting 38 feet of pay encountered was completed and fracture stimulated. It is estimated that the “No. 1” well should result in an I.P.R. (Initial Production Rate) in excess of 350 barrels per day. The well is now in commercial production.

A second well has been drilled and is under completion, and the drilling of a third well is planned. American Petro-Hunter has a mapped out 15 potential well locations on the property.

The property is located in northern Oklahoma, a region known for oil and gas production. The Company holds 4 leased blocks and is interested in increasing its holdings when more property becomes available.

Kansas

Rooney Oil Project

The Rooney Oil Project covers 7,040 acres. In 2009, the initial discovery #24-1 Double H well was drilled at a depth of 5,400 feet, with fluid test results returning 99% oil cut. Estimates suggest that the well should be capable of producing upwards of 200 barrels per day. The well went into production in January 2010. Up to 10 drill locations have been identified on the property. In May 2010 the #2 Double H well was drilled to 5,500 feet. The #3 well has been identified, and the Company is in the process of acquiring the requisite surface drilling permit from the State.

American Petro-Hunter has estimated a recoverable reserve on the property of approximately 3,000,000 barrels.

Poston Oil Project

American Petro-Hunter has 750 acres leased in Tergo County, Kansas, which make up the Poston Prospect. The project has one well in production on the property, the #1 Lutters well. Shipments of oil began in June 2009. Estimates show that the lease has the potential to ultimately deliver 150-200 barrels per day.

Colby Oil Prospect

The Company has a 25% working interest in the Colby Oil Prospect, located in Thomas County, Kansas. Engineering estimates place the potential production from the indicated pay zones at between 75 and 100 barrels per day (BOPD). Full development of the field from 2 or 3 offset well locations on the structure could produce between 200 and 400 BOPD.

Management

Robert B. McIntosh, President & CEO
Mr. McIntosh is a businessman and consulting geologist with a proven track record spanning the past 25 years. He brings diverse experience both as a resource exploration geoscientist alongside noteworthy strengths in all facets of corporate development. Since 1983 his career has taken him across the Americas and abroad where he has been instrumental in the design, implementation, execution and management of programs in the oil, gas, precious and base metals segments of the resource sector. His skills encompass virtually every aspect of oil & gas exploration, well completion and production techniques along with extensive experience in project acquisition, contract negotiation, and project divestitures within the petroleum industry. He has developed singular expertise and broad industry contacts in his various roles across the publicly traded market sector as well as with private junior E&P companies.

Mr. McIntosh has successfully assisted his clients and stakeholders in the U.S.A. and Canada on projects that ultimately became producing properties where he has significantly contributed towards full-field exploitation programs utilizing both traditional and secondary forms of drilling and completion along with ongoing wellsite supervisory management aimed at fully optimizing the potential of each asset.

Dan Holladay, Director
Mr. Dan Holladay is oil industry management consultant based in Wichita Kansas. He graduated in 1983 graduate from the University of Eastern New Mexico with an Associate degree in Petroleum Management following extensive studies at the University of Kansas in geology. After a short career in a variety of oil field work he began a 25 year career as an Investment Adviser for firms such as AG Edwards where he advised high net worth clients.

Recently, Mr. Holladay has been working as an independent oil industry management consultant where he has been identifying, evaluating and assisting companies and individuals on a variety of Kansas based oil and gas prospects for both exploration and production projects. He will continue this role for American Petro-Hunter with a focus on the current Kansas asset as well as the development of future prospects.

John J. Lennon, Secretary Treasurer
Mr. Lennon has served as Treasurer and VP of Finance of Brite-Strike Tactical Illumination Products, Inc., since May 30, 2008. Previously, he was President of LED Power Group, Inc. from December 2008, President of Chamberlain Capital Partners from 2004, Director of American Durahomes from 2006 and Treasurer/Director/VP of Finance of US Starcom from 2005-2007. Chamberlain Capital Partners assists companies in the area of maximizing shareholder value through increased sales, cost reduction and refined business strategy.

Mr. Lennon has also assisted companies in obtaining debt financing, private placements or other methods of funding. On December 31, 2007, Mr. Lennon was appointed Chief Executive Officer, President, Chief Financial Officer, Secretary, Treasurer and director of Explortex Energy Inc., a publicly reporting company, which is a natural resource exploration company engaged in the participation in drilling of oil and gas in the United States. From 1987 to 2004, Mr. Lennon served as Senior Vice President of Janney Montgomery Scott, Osterville, MA, Smith Barney and Prudential Bache Securities, managing financial assets for high net worth individuals.

3 Comments

Tweet