American Petro-Hunter Appoints New Director Lonnie McDade
WICHITA, KS -- (Marketwire) -- 10/24/12 -- American Petro-Hunter,
Inc. (OTCBB: AAPH) ("American Petro-Hunter" or the "Company") today
is very pleased to announce the appointment of Mr. Lonnie J. McDade
to the Company's Board of Directors.
Mr. McDade is a Petroleum Engineering graduate from Mississippi State
University and has served in the upstream domestic and international
business for over 30 years. He began his career with Amoco Production
in the Gulf of Mexico serving as both production and development
engineer. Following Amoco Mr. McDade served as an area manager for an
Independent in the Mid Continent, Permian, Sacramento and Rocky
Mountains. Following which he joined British Petroleum serving as the
Manager of Reservoir Engineering, Acquisitions, Technical Programs in
Europe, UK Land and the Manager of Production and Operations on The
North Slope of Alaska.
Mr. McDade also served as a consultant to the industry in both a
business and technical role with clients including Schlumberger,
Chevron, Nippon, Chevron/Texaco, Exxon/Mobil, EnterVest, Lukoil,
Yukos, Stentificagas, Ecopetrol, PEMEX, Nuevo, Devon, and
Conoco/Phillips. Mr. McDade also serves as an advisor to several
private equity firms in the international market.
Mr. McDade will be immediately responsible for the Company's ongoing
acquisition review and to assist in the development of our oil and
gas projects in Oklahoma.
In other related news, Mr. Dan Holladay has resigned from the Board
to pursue other ventures and the Company thanks him for his services.
About American Petro-Hunter, Inc. (OTCBB: AAPH)
Petro-Hunter is an exploration and production (E&P) company focused
on the acquisition and horizontal development of the Mississippi Lime
and Woodford oil formations located in Oklahoma and Kansas. The
Company operates from its offices in Wichita, Kansas. Visit us at
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. 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-K for the most recent fiscal year, our quarterly
reports on Form 10-Q and other periodic reports filed from
time-to-time with the Securities and Exchange Commission.
ON BEHALF OF THE BOARD
American Petro-Hunter, Inc.
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President & C.E.O.
To find out more about American Petro-Hunter, Inc. (OTCBB: AAPH),
visit our website at www.americanpetrohunter.com
American Petro-Hunter, Inc.
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