American Petro-Hunter, Inc. update the status of the NOW2H horizontal well on the Company's leases in Payne County, Oklahoma.
The well has undergone upgrades that included a second frack and the installation of a submersible pump which has resulted in the doubling of the oil production rates. After several days on pump, the well has maintained production of oil at the rate of 30 barrels per day. To date, 550 barrels have been shipped from the well.
The Company's 2nd Horizontal well was initially drilled in 2011 and commenced commercial oil and gas production in November at the North Oklahoma Mississippi Lime Project. A period of commercial testing and evaluation was undertaken and production data was assessed and evaluated from the lateral penetration of the Mississippi limestone formation ("Mississippi Lime"). The well had a much shorter lateral arm of 416 feet due to drilling complications as compared to the recently completed NOM3H at 1,980 feet of horizontal length that had an initial production (I.P. rate) of 236 BPD. It was subsequently determined to re-stimulate NOW2H in order to improve overall well performance.
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