The Conversation (0)
American Petro-Hunter (OTCBB:AAPH) provided drilling update on its North Oklahoma Mississippi Lime Project at the NOW-2H and improvements to the NOM-1H production well.
As quoted in the press release:
The well has already achieved an important result with data indicating excellent oil and gas shows in an upper sand horizon with substantial potential pay thickness. The significance of this is that we will be able to co-mingle oil and gas from the higher zone along with production from the Mississippi Lime formation once the well is completed and on pump.
American Petro-Hunter Inc.’s President Robert McIntosh states:
“The initial results seen during the drilling of the NOW-2H and the discovery of an additional oil and gas pay zone, especially in a sand formation, are combining to indicate that this well should be a very good producer. We plan to exploit this new data on all future wells and as pretty much all the really important new geological information at the North Oklahoma Mississippi Lime Project comes from drilling, the more wells we drill, the more information we gain. This translates into an increasingly clear and highly encouraging understanding of the reservoir and potential reserves of contained oil and gas available to our recovery efforts.”
Click here to read American Petro-Hunter (OTCBB:AAPH) press release
Click here to view American Petro-Hunter (OTCBB:AAPH) profile.