CALGARY, ALBERTA--(Marketwired - Oct 1, 2014) - Africa Hydrocarbons Inc. (the Company) (TSX VENTURE:NFK) announces that the re-completion of the BHN-1 well on the Bouhajla Permit in Tunisia has commenced. As previously announced, this operation will entail pulling the existing production tubing from the wellbore and re-perforating the Abiod formation using a casing gun and deep penetrating charges, followed by acidization of the perforated intervals. It is expected that the re-completion operation will take approximately two weeks to complete.
John Nelson, CEO of the Company states, "We are pleased the re-completion operation is underway. The next steps will hopefully provide insights on the extent and quality of the fracture network in the vicinity of the wellbore and establish the hydrocarbon potential of the Abiod formation in the BHN-1 well and also provide additional data to understand the hydrocarbon potential of other prospects on the remainder of our 536 square kilometer block."
About the Company
AHI is a Canadian based international oil and natural gas company involved in the acquisition, exploration and development of energy assets, with an emphasis on Africa. The key asset of the Company is its 47.5% owned Bouhajla Block, located onshore in Tunisia within the productive Pelagian Basin.
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This press release, required by applicable Canadian laws, is not for distribution to U.S. News services or for dissemination in the United States, and does not constitute an offer to sell or a solicitation of an offer to sell any of the securities described herein in the United States. These securities have not been, and will not be, registered under the United States Securities Act of 1933, as amended, or any state securities laws, and may not be offered or sold in the United States or to U.S. Persons unless registered or exempt therefrom.
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