Spartan Exploration Ltd. Enjoys 100% Cardium Drilling Success, Provides Operational and Production Update

Spartan Exploration Ltd. ("Spartan" or the "Company") (TSX:SPE), is pleased to provide an operational update on its Pembina Cardium drilling activities. To date, during 2010 Spartan has drilled or participated in the drilling of 14 (9.82 net) horizontal Cardium oil wells, with a drilling success rate of 100%. This represents approximately 71% of Spartan's 2010 Cardium oil drilling program.

Spartan currently has a total of 8 (6.13 net) Cardium horizontal oil wells producing in Pembina. The Company is currently producing in excess of 1,400 boe/d (80% oil and liquids) based on field estimates. In addition, the Company has another 6 (3.69 net) Cardium horizontal wells that have been drilled. Four (3.24 net) of these wells have been completed and are awaiting tie-in and the remaining 2 (0.55 net) are expected to be completed in the coming weeks. All of these wells are expected to be on production by mid December.

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 Point Roberts, WA –October 22, 2010  The Investorideas.com Energy Newswire and www.OilandGasStocksNews.com publish the following Oil and Gas stock report on American Petro-hunter Inc (OTCBB: AAPH), written by Grass Roots Research and Distribution, Inc.

 

Investorideas.com features third party research in multiple industry sectors including energy, biotech and mining.  More third party research reports can be found at http://www.investorideas.com/Research/.

 

Full report at www.grassrootsrd.com and http://www.investorideas.com/CO/AAPH/Cohen_AAPH_report_100510.pdf

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Topoyaco-2 Well Indicates 114 Feet of Oil Pay Sandstones and 125 Feet of Oil Saturated Carbonates

Alange Energy Corp. (TSXV: ALE) announced today that the Topoyaco-2 well, drilled to explore the prospectivity of the Villeta and Caballos formations in the Topoyaco Block, reached total depth of 8,700 feet, finding 114 feet of total net oil pay sand and 125 feet of oil saturated carbonates in the Villeta Formation.

The well logs (a package of resistivity, porosity, gamma ray and sonic) indicated 44 feet of net oil pay sandstones in the N zone, 25 feet of net oil pay sandstones interbeded with heavily fractured hydrocarbon saturated carbonates in the M1/M2 and B zones, and 45 feet of net oil sandstones in the T zone, all in the Villeta Formation. Petrophysical analysis indicated average porosities and oil saturations in the sandstones in the ranges of 14-17% and 55-72%, respectively. The logs also identified a total of 10 feet, 65 feet and 50 feet of hydrocarbon saturated limestones in M1/M2, B and C (basal), respectively.

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Bakken Discovery Pioneer joins Covenant as Executive Director

Covenant Resources Ltd. (CVA - CNSX), (the "Company") is pleased to announce the appointment of Richard "Dick" Findley, a geologist with more than 35 years of experience in the oil and gas industry, as Executive Director. Mr. Findley is credited with the discovery of Elm Coulee Field in Richland County, Montana, which led to intense exploration interest in the Bakken Formation (part of the Williston Basin), now considered one of the largest contiguous deposits of oil and natural gas in the US.

Mr. Findley is a member of the American Association of Petroleum Geologists and in 2006 received the "Outstanding Explorer Award" for his efforts in discovering Elm Coulee Field. The same year he was also awarded the Michel Halbouty Medal by Texas A&M University, where he earned his B.Sc. (1973) and M.Sc. (1975) degrees.

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SCOTTSDALE, AZ - October 19, 2010 (Investorideas.com energy newswire) - American Petro-Hunter, Inc. (OTCBB: AAPH) ("American Petro-Hunter" or the "Company") is pleased to update the ongoing well completion progress at the NOJ26 Well location on the North Oklahoma Oil Project.

 

NOJ26 was successfully perforated and acidized in the lower oil bearing shale horizon where high gravity light oil was recovered and swabbed with excellent oil cut over the 40 foot interval. The shale will now undergo fracturing in order to finish the stimulation of the lower formation prior to continuation of the well completion program. Shale samples are currently being evaluated at an Oklahoma core lab and the results of this analysis will recommend the optimal fracture stimulation to maximize the oil production from the shale.

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