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American Petro-Hunter, Inc. (OTC BB: AAPH.OB), SpongeTech Delivery Systems, Inc. (OTCBB: SPNG), Cord Blood America, Inc. (OTCBB: CBAI), ConocoPhillips (NYSE: COP), InfoSonics Corporation (NASDAQ: IFON)
Featured Stock:
American Petro-Hunter, Inc.
(OTC BB: AAPH.OB)
American Petro-Hunter #1 Lutters Well at Poston Prospect Kansas Reaches Total Depth
SCOTTSDALE, AZ -- May 18, 2009 - American Petro-Hunter, Inc. (OTCBB: AAPH | Quote | Chart | News | PowerRating) ("American Petro-Hunter" or the "Company"), is pleased to announce that the #1 Lutters Well oil well on the Poston Prospect, Trego County Kansas has reached total depth (T.D.) at 4,400 feet. The well is currently being logged and analyzed for prospective oil shows and the Company anticipates information to be forthcoming from the field very shortly. The Company has posted photographs of the drilling activities which can be viewed on the prospect page at www.americanpetrohunter.com
About the Prospect:
The #1 Lutters well was planned for a total depth of 4,500 feet. The well is targeting oil in the Mississippi Dolomite and /or Cherokee sands. The location shows a significant 3D Seismic anomaly pinpointing a probable oil bearing zone. In addition, the 750 acre lease block has the potential for a multi-well program with 2 to 3 offset locations possible to fully exploit the acreage. Engineering estimates of the potential production from the indicated pay zone is between 35 and 100 barrels per day from a successful well. Full development of the field could produce up to 400 BOPD of light oil. There is excellent transportation and support infrastructure in the area easily supporting a requisite storage tank battery at the location.
Notice Regarding Forward-Looking Statements This news release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of our exploration program at our properties and any anticipated future production. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with petroleum exploration and development stage exploration companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-KSB for the most recent fiscal year, our quarterly reports on Form 10-QSB and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
ON BEHALF OF THE BOARD American Petro-Hunter, Inc.
- - - - - - - - - - - - - - - - - - John J. Lennon President & C.E.O.
To find out more about American Petro-Hunter, Inc. (OTCBB: AAPH), visit our website at www.americanpetrohunter.com
Investor Relations: Bakerview Investor Relations, Inc.
1-888-521-7762 investors@americanpetrohunterinc.com
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Other Stocks to Watch SpongeTech Delivery Systems, Inc. (OTCBB: SPNG | Quote | Chart | News | PowerRating) http://finance.yahoo.com/q?s=SPNG.OB&= NEW YORK, May 15 -- SpongeTech Delivery Systems, Inc. America's Cleaning Company(TM), (OTC Bulletin Board: SPNG - News) is pleased to announce that the company has secured an additional $4.3 million in new orders this past week starting Sunday, May 10, 2009. To date for the month of May, the Company has received approximately $10 million in new orders. This demonstrates the degree to which the products have gained momentum in the marketplace and management continues to see strength in all aspects of the business. Included within this week's new orders are two to top retailers as first time customers. These two will give us footprints in major Supermarkets Chains and Membership Warehouse Clubs to follow up on the footprints we already have in Drug Stores and Auto Centers across America. Management anticipates that the Company will report record revenues and booked orders for the month of May.
Cord Blood America, Inc. (OTCBB: CBAI | Quote | Chart | News | PowerRating) http://finance.yahoo.com/q?s=CBAI.OB&= SANTA MONICA, Calif., May 15 -- Cord Blood America, Inc. (OTC Bulletin Board: CBAI - News), the umbilical cord blood stem cell preservation company focused on bringing the life saving potential of stem cells to families nationwide and internationally, said today that Company founder and CEO Matthew Schissler, in a FirstCall In audio interview with analyst Francis Gaskins, explains the thought process behind the Company owning its own stem cell laboratory.
ConocoPhillips (NYSE: COP | Quote | Chart | News | PowerRating) http://finance.yahoo.com/q?s=COP&= HOUSTON-May 15 --ConocoPhillips (NYSE:COP - News) today announced that Gregory Goff, senior vice president, Commercial, will speak to investors and securities analysts at the UBS Global Oil & Gas Conference on Thursday, May 21, at 7:30 a.m. Central. The event will be held at Barton Creek Resort & Spa in Austin, Texas.
InfoSonics Corporation (NASDAQ: IFON | Quote | Chart | News | PowerRating) http://finance.yahoo.com/q?s=IFON&= SAN DIEGO-May 14 --InfoSonics Corporation (NASDAQ:IFON - News), one of the premier providers and distributors of wireless handsets and accessories serving Latin America, today announced results for the first quarter ended March 31, 2009.
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