American Petro-Hunter, Inc. report that the NOM-3H horizontal oil and gas well has begun commercial oil and gas sales. The well has shipped an inaugural 1,000 barrels following the first weeks of production.
This is the Company's 3rd horizontal well in North Oklahoma and is producing from the Mississippi Lime formation. The I.P.R. (Initial Production Rate) of the well exceeded 200 barrels of oil per day and 400 MCF gas.
The NOM-3H was drilled with a total of 1,988 feet into the horizontal well segment penetrating the over 100 foot thick Mississippi pay zone. A large frack was conducted and the well was put on pump with the installation of a submersible unit capable of moving 1,500 barrels per day of fluid.
The initial production rate (I.P.R.) is initial flush production, and at this early stage may not be indicative of overall performance as a decline of the rate based on analog comparisons is anticipated. Having said this, we are experiencing the best I.P.R.'s so far experienced to-date on the Company's leases. The initial rates are further validating our newly designed completion and frack methodology ensuring future wells will have a similar procedure implemented. The NOM 3H well brings the Company to a total of 8 producing wells in Oklahoma and Kansas.
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American Petro-Hunter
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