American Petro-Hunter, Inc. is a rapidly growing, expertly managed exploration and productions (E&P) company aiming to become an intermediate level oil and gas producer within the next 12 months. The Company recently announced the discovery of a new oil field at its Rooney Project, Kansas. Initial 3rd party estimates show this first of 10 wells will produce at 200 BOPD and further estimate that the oil pool has a potential of 500,000 barrels of oil!

American Petro-Hunter aims to become a 1000 BOE producer in the next 12 months by aggressively developing its Rooney and Poston Projects as well as continuing to engage in exploratory drilling opportunities on their Colby Prospect, West Texas Prospect, and Sacramento Gas Prospect.

Development of other acquired assets and acquisition of quality exploration projects in targeted jurisdictions will further increase its annual production capacity. American Petro-Hunter’s longterm goals are to take the Company through exploration, development and production in excess of the 2000 BOE level. This would create an attractive target for merger or acquisition by one of the majors. American Petro-Hunter is building a strong, balanced and diversified portfolio of oil and gas assets that will result in significant reserve growth, production revenue and value for shareholders.

The Company has a diversified and balanced a portfolio of assets with five production properties in Kansas, Texas and California. American Petro-Hunter’s Poston Project, Trego County, Kansas and Rooney Oil Project, Ford Country, Kansas are already in-production. Other prospects include: Colby Prospect, Thomas County, Kansas; West Texas Project, Crockett County, Texas; and Sacramento Gas Prospect, Central Valley, California. A geographical map and overview of the Company’s various projects can be viewed here.

According to a research report by Cohen Research, they expect significant revenues as the Company continues to bring more wells into production. Commercialization of reserves in Rooney and Poston Oil using superior technology and potential commercial production of other assets will result in revenues of $14.5 million for FYE 2010 and $32.8 million in FYE 2011. The Cohen Research report also gave American Petro-Hunter, Inc. (OTCBB:AAPH) a BUY rating with a 12 month price target at $3.07, representing a 358% increase over today's trading price.

Cohen Research is not the only research firm giving AAPH a favourable recommendation, Jarret Wollstein, Editor of Intelligent Investor Report also commented recently by saying, "...This incredible stock, ripe with potential and backed by bedrock fundamentals, could rise as high as $3.00, perhaps even to $4.00 per share." John Myers of TopEnergyPicks.com said, "Buy American Petro-Hunter up to $1.50. My expectation is that even if one of its hot properties delivers as promised, this company will be selling above $3.00 per share."

It's always nice to see analysts agree on one thing, and right now it's on how undervalued AAPH currently sits. The Company is currently sitting around its 52 week high and from looking at the technical chart for AAPH, it looks as though the stock could continue to head higher. These are charts we love to see, ones that are clearly going in one direction, up.

Looking at the chart from a technical perspective, it's clear to see that AAPH is firmly in a bull trend, despite the sell-off that has been occurring in the broad markets. The stock broke-out in early December when it was around the $0.30 level and has not looked back since. Comparing a 10 day versus a 50 day EMA, the stock is still firmly holding on to the bullish trend that developed after the EMA crossed at the beginning of December, 2009. Since the breakout ended around mid-December, the stock has been creeping upwards and developing a new trading base, which is nice to see because upward breakouts are quite likely, however significant price drops do not occur quite as often.

The ADX crossed into a bullish trend at the beginning of January, and seems to be firmly showing a continuation of this trend. These and other indicators are all pointing to a continuation of the trend. The latest candlestick is showing indecision between bulls and bears, but with the other technical indicators showing bullish sentiment, AAPH could be poised for another leg up shortly.

Even though things are looking quite good for AAPH, we always recommend that all investors setup stop-losses just in case things go the other way. In this case, we see significant amount of support around the $0.60 range, so a stop loss at that price is encouraged. AAPH is looking quite strong right now, and we are not the only one's saying that. StockTA.com is bullish on AAPH right now and the site is fully automated and the results cannot be tampered with by humans, as the results are picked via proprietary technical algorithms. That being said, as always, these are only our interpretations of AAPH's chart, we strive to give you all the information we can and always encourage our investors to do their own due diligence and consult with a financial advisor before making any trading decisions.

American Petro-Hunter, Inc. is swiftly transforming itself from a developmental stage company to a commercially in-production and cash flow positive oil and gas company. The Company continuously evaluates opportunities for expansion within that industry through acquisition or other strategic relationships. The Company has and continues to develop a strong, balanced and diversified portfolio of oil and gas assets to create significant reserve growth, production revenue and value for shareholders. Key value drivers for the Company include: discovery of a new oil field, existing production, a balanced portfolio of assets, favorable industry economics, and a strong management team. All those value drivers coupled with a favourable tenchical outlook on the Company's stock was the reason we spotlighted American Petro-Hunter, Inc. (OTCBB:AAPH) as our latest U.S. Company Spotlight.

As always, more information on the Company can be found on AllPennyStocks.com, or by clicking here.