American Petro-Hunter Prepares Commercial Oil Production Facilities at NOM1H Horizontal Well, North Oklahoma Project
Tuesday June 14, 2011 - 07:00 AM EDT
SCOTTSDALE, AZ -- (Marketwire) -- 06/14/11 -- American Petro-Hunter, Inc. (OTCBB: AAPH)("American Petro-Hunter" or the "Company") is pleased to advise thatthe well completion program is fully underway and that productiontesting of the Mississippi oil formation is currently ongoing at therecently drilled NOM1H Horizontal well at the Company's growing NorthOklahoma Project. The well is being readied and prepared for the onsetof commercial production.
The completion phase of the well, including swab and production testing,is being undertaken in combination with the immediate installation oflong term production facilities including a pumping unit, tank battery,ancillary metering and electrical equipment on the lease. Thedetermination to rapidly move forward and complete the productionfacilities was based on a confident expectation that the Company will begenerating oil sales from the lease near the end of June or early July.
A decision to move ahead with a full completion program was initiatedwhen NOM1H reached the engineered T.D. of the 1,600 foot horizontal legwith excellent oil and gas shows encountered in the form of strong oilfluorescence; gassy oil shows and gas kicks along the drilled lateral.Subsequent results have offered continued favorably trending data, andas such, have reinforced the Company's expectations for viablecommercial production at the lease.
The NOM1H well is the first of a planned series of horizontal wellsdesigned to test and develop oil and gas in the 100 foot thick limestoneMississippi Formation.
About American Petro-Hunter, Inc. (OTCBB: AAPH)
The Company is a goal-oriented exploration and production (E&P)Company aiming to become an intermediate level oil and gas producerwithin 12 months. The Company is in production at the Poston Project inTrego County, Kansas and the North Oklahoma Project. With the achievabletarget of becoming a 1000 BOE producer as our goal, AmericanPetro-Hunter is actively on the "hunt" for domestic petroleum assets.Visit us at: www.americanpetrohunter.com.
Notice Regarding Forward-Looking Statements
Thisnews release contains "forward-looking statements" as that term isdefined in Section 27A of the United States Securities Act of 1933 andSection 21E of the Securities Exchange Act of 1934. Statements in thispress release which are not purely historical are forward-lookingstatements and include any statements regarding beliefs, plans,expectations or intentions regarding the future. Such forward-lookingstatements include, among other things, the development, costs andresults of our exploration program at our properties and any anticipatedfuture production. Actual results could differ from those projected inany forward-looking statements due to numerous factors. Such factorsinclude, among others, the inherent uncertainties associated withpetroleum exploration and development stage exploration companies. Theseforward-looking statements are made as of the date of this newsrelease, and we assume no obligation to update the forward-lookingstatements, or to update the reasons why actual results could differfrom those projected in the forward-looking statements. Although webelieve that the beliefs, plans, expectations and intentions containedin this press release are reasonable, there can be no assurance thatsuch beliefs, plans, expectations or intentions will prove to beaccurate. Investors should consult all of the information set forthherein and should also refer to the risk factors disclosure outlined inour annual report on Form 10-KSB for the most recent fiscal year, ourquarterly reports on Form 10-QSB and other periodic reports filed fromtime-to-time with the Securities and Exchange Commission.
ON BEHALF OF THE BOARD
American Petro-Hunter, Inc.
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Robert McIntosh
President & C.E.O.
To find out more about American Petro-Hunter, Inc. (OTCBB: AAPH), visit our website at www.americanpetrohunter.com
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