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North American Petroleum notes update on Zink Ranch Project, Oklahoma


Published Jun 5, 2014
North American Petroleum Plc

North American Petroleum Plc notes that Northcote Energy Ltd, its partner and operator of the 1,520 gross acre Zink Ranch Project ('the Project') in Oklahoma, has announced initial gross flow rates for the 8-A well at 11.5BOPD and 159MCF/D which equates to 38BOEPD gross and 9 BOEPD net to NAP. The 8-A well, in which NAP holds a 23.4% interest, is one of four recently recompleted wells at Zink Ranch which are the first four of a 14 well recompletion programme planned for 2014.

The results of the other three recompleted wells alongside longer test production rates for the 8-A will be announced by Northcote and NAP in due course. This update is in line with NAP's strategy to rapidly build net production and reserves through the acquisition and development of leases in liquids rich hydrocarbon plays.

Tags: North American Petroleum Plc




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