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February 4, 2014
05:15 EDTSSNSamson Oil & Gas provides operational advisory
The Rennerfeldt 2-13-HBK well was spudded on January 10 and drilled to 2,450 feet, where the surface casing string was set and cemented. The well was drilled to 10,802 feet to the kick off point and the bottom hole assembly was tripped out of the hole to be replaced with an assembly to drill the curve. During this operation, two drill collar dies were lost in the hole, requiring them to be milled prior to drilling the curve to 11,500 feet MD. Rennerfeldt 1 has been drilled to 11,571 feet, where the 7 inch production was set and cemented. The forward operation will be to drill the 4,300 foot lateral in the Middle Bakken once Frontier Rig 24 has completed drilling operations on the Rennerfeldt 2-13-H well. The Tooheys well is flowing restricted on a 21/64ths choke and has averaged 800 bopd over the last 10 days. A coil tubing unit has successfully drilled out 30 of the 32 frac plugs; the last 2 frac plugs will not be drilled out. The flow back has begun and rates will be reported next week after the well cleans up. A coil tubing unit has drilled out 19 of the 22 frac plugs. Once the operation is completed, flow-back of the Coopers well will be initiated. Coopers, Tooheys and Little Creature are located on the Tofte 2 pad on the northern boundary of Section 14.
News For SSN From The Last 14 Days
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December 16, 2014
05:05 EDTSSNSamson Oil & Gas reports Nov. production 639 BOEPD
The North Stockyard field saw an increase in production for November as wells were returned to production. We are expecting that the field will be largely “on stream” in January 2015 as the infill development comes to a close. In-field operations has necessitated, for safety and operational reasons, existing wells to be shut in whilst this activity was undertaken. With the completion of Ironbank 6 expected later this week, Frontier 24 will be laid down and no further drilling in the field is contemplated in light of the recent slide in the oil price. We are however anticipating that the existing inventory of 3 wells will be fracked, and the 5 wells that have been fracked will require a clean out. This means that 8 wells will be brought on line in the near term.

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