American Petro-Hunter: Drilling Ops Commence at Rooney Project

American Petro-Hunter reported preparations are underway for the arrival of the drill rig and ancillary equipment with operations at the Rooney Project to commence immediately, with the spud of the #2 Double-H well planned to begin as soon as the rig has been set.

The #2 Double-H continues the series of development wells planned for the Rooney property in Ford County, Kansas and is being drilled as a direct offset to the #1 Double-H. The well targets the newly discovered reservoir estimated to contain in excess of 3 million barrels of oil at a location that maximizes the thickness of both Mississippian and Morrow sand. The #2 Double-H will be drilled to 5,400 feet, thereby matching the total depth (T.D.) of the #1 well.

It is expected to take approximately 7 days to reach the T.D. after which any encountered oil shows will be drill stem tested. Well completion is anticipated as the #2 Double-H sits in close proximity to the discovery well. In the event of a call as a commercial producer, the Company anticipates a rapid tie-in to the existing infrastructure which includes a recently installed tank battery at the Rooney lease.