American Petro-Hunter has updated on the drilling progress at the North Oklahoma oil project where the well was drilled to a total depth of 3600ft and multiple zones were encountered with oil and gas shows in the well.
The company has reported that the main objective intersected 38ft of potential pay. The operator of the project has called for the well to be completed and the well has now been cased to depth so that the completion program may commence.
The 38ft pay zone will be immediately perforated, acidized and swab tested in order to establish possible production rates if the well is deemed commercial.
The prospect, located in northern Oklahoma, has potential for high gravity light oil above 3800ft and if successful, wells could produce at initial production rates in the 150bpd range. The play has the potential for a multi-well program that could see the drilling of up to eight additional wells.