Africa Hydrocarbons Inc.
TSX VENTURE : NFK

Africa Hydrocarbons Inc.

August 11, 2014 14:30 ET

Africa Hydrocarbons Inc.: Bouhajla Permit Extension in Tunisia Granted

CALGARY, ALBERTA--(Marketwired - Aug. 11, 2014) -

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.

Africa Hydrocarbons Inc. (the Company) (TSX VENTURE:NFK) announces that it has been advised by the Operator that the Tunisian Ministry of Industry, Energy and Mines has formally approved the application for a second one-year extension of the Bouhajla Permit and the initial term has been extended to April 29, 2015. Initiation of the re-completion of the BHN-1 well, which had been on hold pending the extension approval, will now begin.

The re-completion 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 selective acidization of the individual perforation intervals. It is expected that the rig contracted to undertake the re-completion will commence mobilization as soon as possible. The Company will issue a further update once the rig is on location and the operation has commenced.

John Nelson, CEO of the Company states "We are pleased the extension approval has now been granted and all necessary permits for the re-completion operation can now be attained. We look forward to the start of the re-completion operation and determining the hydrocarbon potential of the BHN-1 well."

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.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this News Release.

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.

ON BEHALF OF THE BOARD OF AFRICA HYDROCARBONS INC.

"John Nelson", CEO

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