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Follow on Google News | Energy Stocks; CFA Commentary on Woodford ShaleEnergy stocks in this article: Devon Energy , Chesapeake , Sandridge , ExxonMobil , Newfield Exploration and American Petro-Hunter
By: Investorideas.com Point Roberts WA- November 19, 2010 – www.Investorideas.com, an investor research portal specialized in sector investing including oil and gas stocks, makes CFA commentary on Woodford shale stocks available for energy investors . The report features an overview on junior exploration and production company American Petro-Hunter and its strategy in the shale play in Oklahoma. Untapped Opportunity in Shale Oil Lisa Springer, CFA Energy stocks in this article: Devon Energy , Chesapeake , Sandridge , ExxonMobil , Newfield Exploration and American Petro-Hunter Excerpt: Domestic shale energy plays have become so numerous that it is difficult to think of them as unconventional these days. Shale formations such as the Bakken, Fayetteville, Marcellus, Barnett and others have become household names in the oil and gas industry. Another very active, but until recently little publicized shale play is the Woodford Shale, located in Oklahoma. The shale is found at depths from 7,500 to 8,500 feet, and is generally 50 to 300 feet thick. Drilling activity in the Woodford Shale has skyrocketed since Devon Energy drilled its first wells in 2005. Since then, many large independents have acquired acreage and launched drilling programs. Among the most active operators are Chesapeake , Newfield Exploration and XTO Energy, which was recently acquired by ExxonMobil . The Woodford Shale is estimated to contain approximately 4 trillion cubic feet of natural gas. Partly because of the Woodford Shale, Oklahoma has emerged as one of the Lower 48’s biggest producers, ranking second nationwide in gas production and fifth in oil production. Oklahoma has some 90,000 wells and is home to major independent producers like Devon Energy, Chesapeake and Sandridge. Junior exploration and production company American Petro-Hunter has acquired interests in seven northern Oklahoma lease blocks targeting shale targets, including the Woodford Shale. At present, American Petro-Hunter is drilling shallow, vertical wells, which it plans to put to pump immediately. In the future, the Company plans to drill horizontal wells as well to further exploit shale oil production. American Petro-Hunter has opted to focus on shale plays because these wells typically have long, stable reserve lives and predictable production. Full report available here: http://www.investorideas.com/ Lisa Springer, CFA -Bio and disclaimer: http://www.investorideas.com/ The author, Lisa Springer is a freelance writer and was compensated (350) for writing this article by Investorideas.com and doesn't own shares of any of the companies mentioned in this article. Energy Stocks More info: American Petro-Hunter, Inc. (OTC.BB: AAPH) http://www.aaphreport.com/ Visit the AAPH showcase profile at Investorideas.com http://www.investorideas.com/ Request News and Info on AAPH http://www.investorideas.com/ Or investors@americanpetrohunterinc.com Energy Stock more info: Visit the Natural gas stocks directory at Investorideas.com: http://www.investorideas.com/ Visit the Oil and Gas stocks directory at Investorideas.com: http://www.investorideas.com/ About InvestorIdeas.com: InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing, covering leading industry sectors including energy and mining stocks. Sign up for the free investor news letter and get stock alerts in leading sectors! http://www.investorideas.com/ Disclaimer/ Disclosure: Compensation: Investorideas.com Disclaimer: http://www.investorideas.com/ Investorideas.com Disclosure: http://www.investorideas.com/ For Additional Information about Investorideas.com energy portals: 800-665-0411 or cvanzant@investorideas.com # # # InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing, covering leading industry sectors including energy and mining stocks, addition to global markets including China, India and Australia. End
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