North OK Woodford



Location:

Northern Oklahoma-Payne County Oklahoma

Analog Production:

North Dakota Bakken Formation - 111 million barrels to-date. Some wells produce up to 2,000 BOPD.

Land Holdings:

7 Lease blocks 1,400 plus acres

Interest:

Varied 20-50% W.I. / 75-80% N.R.I.

Formation:

Woodford Shale, Wilcox, Simpson

Depth of Test:

3800 – 4200 feet

Gross Pay Interval:

40+ feet Woodford

Number of Potential Drill Locations:

30 (5 horizontals, 25 vertical wells)

Production Rate:

10-50 BPD

Producing Wells:

No.1, NOJ226

Work Program

1st Horizontal Woodford Shale well planned for 2012


American Petro Hunter
has acquired a varied working interest in seven lease blocks over 1,400 acres in Payne County, Oklahoma located in the northern part of the State. The Prospect targets the regional Woodford Shale formation and the Simpson and Wilcox formations which are all historic producers. Currently, the Company has drilled, completed and put into production 2 vertical wells. Completion of these wells involves acidization and fracture stimulation.

The development program has focused on testing the commercial viability of the Woodford via vertical wells prior to further exploiting the Woodford by lateral, 2,000 foot horizontal wells. Individual wells at the analogous Bakken formation in North Dakota are producing over 2,000 barrels per day from staged fracture stimulation programs. The North Oklahoma Project Woodford Prospect pursues production of high gravity light oil above 3800 feet with targeted rates of production in the 50 to 150 BOPD range.

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NORTH OKLAHOMA OIL PROJECT
North Oklahoma - Location