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Africa Hydrocarbons Inc
Symbol NFK
Shares Issued 114,109,838
Close 2014-09-30 C$ 0.16
Market Cap C$ 18,257,574
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Africa Hydrocarbons begins recompletion of BHN-1 well

2014-10-01 11:24 ET - News Release

Mr. John Nelson reports

AFRICA HYDROCARBONS INC.: RECOMPLETION OF BHN-1 WELL COMMENCES IN TUNISIA

Africa Hydrocarbons Inc. has commenced the recompletion of the BHN-1 well on the Bouhajla permit in Tunisia. As previously announced, this operation will entail pulling the existing production tubing from the wellbore, and reperforating the Abiod formation using a casing gun and deep-penetrating charges, followed by acidization of the perforated intervals. It is expected that the recompletion operation will take approximately two weeks to complete.

John Nelson, chief executive officer of the company, states: "We are pleased the recompletion operation is under way. 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-kilometre block."

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