The company anticipates that the completion program will be identical to the No 1 well with the running of casing, followed by the perforation and acidifying of the pay zone prior to fracture stimulation.
The No 1well was drilled and completed and put into commercial production with initial production rates anticipated to be in excess of 350 barrels per day of high gravity light oil subject to flowing recovery of all the fracture fluids and load.
After a review of available project engineering data combined with very favorable early results, the company has increased its acreage position to an interest in four lease blocks at the North Oklahoma Project.
The project now offers American Petro-Hunter a multi-well drilling and completion program with a full field development scenario of 15 potential wells anticipated to produce high gravity light oil above 3800ft.
The company said that it is pursuing its ongoing program to identify and lease prospective targets offering engineering on lands that provide low risk and a probability of successful drilling and completion of commercially viable oil wells.
