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Stock Market & Financial Investment News

News Breaks
November 6, 2012
19:08 EDTSSNSamson Oil & Gas provides operational advisory
At Defender US33 #2-29H well, D-J Basin, Goshen County, Wyoming the workover rig arrived November 4th on the Defender location and successfully repaired the pump. The well was put back on production at 4:00pm November 5th. At Spirit of America US34 #2-29 well, D-J Basin, Goshen County, Wyoming, it is anticipated that the workover rig will arrive on the Spirit of America location within the next couple weeks to pull tubing and make a completion in the Permian Upper Hartville Formation. At South Prairie 3-D Project, Williston Basin, North Dakota, acquisition of the South Prairie 3-D seismic survey, located on the eastern flank of the Williston Basin in North Dakota, was completed on November 4th; 77 sq miles of 3-D seismic data will be processed over the next two months with the first volume scheduled to arrive in Samson's office by the first week of December. At Gretel II 12KA3 well, Williston Basin, Roosevelt County, Montana, the toe end of the lateral portion of the Gretel well was plugged back to a depth of 14,002 feet in an attempt to see if the water production can be minimized from the faults that were encountered beyond this depth. This should allow for an increase in oil production. 2 7/8 inch tubing is currently being run back in the well and the well should be back on production within the week. At Australia II 12KA6 well, Williston Basin, Roosevelt County, Montana, following the successful repair of parted pumping rods on the Australia II well, the well was returned to production on October 28. At Riva Ridge II, Williston Basin, Sheridan County, Montana, the Riva Ridge II well, operated by Samson Resources, will spud in approximately 2 weeks targeting the Upper Three Forks Formation in T33N-R56E Sections 6 & 7.
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May 14, 2013
05:19 EDTSSNSamson Oil & Gas provides an operational advisory
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May 7, 2013
05:13 EDTSSNSamson Oil & Gas provides operational update for North Stockyard
Sail and Anchor 3-13-14 HBK is presently drilling a 8-3/4 inch intermediate hole at 7,765 feet. After setting surface casing on all four wells in the Northern Tier of the North Stockyard, the first of the four infill wells, Sail and Anchor 3-13-14H BK, drilled out of the 9-5/8th surface casing shoe on Friday, May 3. Sail and Anchor is targeting the Middle Bakken zone, which is produced in the offset wells. The forward plan is to continue drilling the intermediate hole to a depth of 11,700 feet, where a 7-inch intermediate casing string will be set, after which a 6,300-foot horizontal section will be drilled in the Middle Bakken.

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