American Petro-Hunter has three-zone oil find in Oklahoma

Source: American Petro-Hunter

American Petro-Hunter, Inc. (OTC.BB:AAPH) announced that as part of an ongoing drill program at the North Oklahoma Project in Payne County, Oklahoma, the latest oil well identified as NOS227 was drilled to a T.D. (total depth) of 3,820 feet and has been categorized as commercially viable. 

NOS227 cut all three objectives as planned, these being the Mississippi of 85 feet, Woodford Shale of 45 feet and the lower Simpson of 4 feet. All three zones contain oil shows and following a suite of electronic logs, have the requisite permeability and porosity to produce oil in commercial quantities such that an immediate casing election was made. 

The productive Woodford and Mississippi Formations were the primary objectives of the well and both thick sections of pay will be completed along with the lower pay in the Simpson formation. Based on an engineering analysis of the well and logs, the Company believes the possibility of a Mississippian-Woodford well with comingled production from both formations is estimated to have a 100-150 BPD potential. American Petro-Hunter has a 50% interest in the well. An update regarding completion plans and timing will be released shortly as the Company plans to expedite the process in order to meet the rigorous drilling timetable for 2011. 

As reported earlier, recent horizontal successes in the Mississippian and Woodford by other E&P companies active in Payne County has provided valuable information as to the potential of these two prolific formations for horizontal oil and gas potential. It has been confirmed on leases controlled by the Company that the combined 125 feet of Mississippi-Woodford is a highly attractive horizontal candidate.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs