American Petro-Hunter said that NOJ26 well on the North Oklahoma Oil Project has been perforated and acidized in the lower oil bearing shale horizon where high gravity light oil was recovered and swabbed with excellent oil cut over the 40ft interval.
The shale will now undergo fracturing in order to finish the stimulation of the lower formation prior to continuation of the well completion program.
Shale samples are currently being evaluated at an Oklahoma core lab and the results of this analysis will recommend the optimal fracture stimulation to maximize the oil production from the shale.
The company said that the final completion of the well is expected to result in commercial production by month end.
The pumping unit and tank battery is now on site for rapid tie-in and hook up of NOJ26 well.
The company believes that based on strong oil shows and swab testing results, following the fracture stimulation of the shale, the lower shale pay zone will produce at rates in excess of the No 1 well, which tested at 80bpd under similar conditions.
The company believes that flow rates from the oil shale zone combined with the upper pay zone could ultimately result in over 200bpd of production at NOJ26.
American Petro-Hunter is a 50% partner in the well.