Penny Stock News: American Petro-Hunter Begins Multi-Stage Surge Frack at North Oklahoma Project

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SCOTTSDALE, AZ–(Marketwire – May 4, 2011) – American Petro-Hunter, Inc. (OTCBB: AAPH) (“American Petro-Hunter” or the “Company”) announced today the commencement of a “multi-stage surge frack” regarded as the final event in the completion process at the NOS227 well prior to the onset of commercial oil production.

The fracture stimulation (“frack”) program is a newly designed approach intended to break apart the reservoir allowing for a significant increase in the flow of oil. The process has proven to be highly effective in dramatically increasing production from the Mississippi formation elsewhere in the area. Currently, all requisite equipment has arrived onsite and efforts have commenced.

As previously reported, analogous vertical wells located nearby and to the north of NOS227 and having undergone an identical stimulation program have paid out in less than 90 days. The new completion technologies offer the potential to deliver vastly higher production through the use of the latest enhanced reservoir stimulation technologies. The “multi-stage surge frack” is a proven advanced technology that has delivered excellent results regionally and was chosen as the approach presenting the best potential yield results given the geology of the location. The frack of the well will stimulate 85 feet of the pay in the Mississippi Formation and American Petro-Hunter has targeted an initial production rate (I.P.R.) post-frack of 300 BPOD.

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Article source: http://www.marketwire.com/mw/release.do?id=1509732&sourceType=3

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