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Stock Market & Financial Investment News

News Breaks
April 8, 2014
05:11 EDTSSNSamson Oil & Gas provides operational advisory
Samson advises that the Rennerfelt #2-13H well has flowed at 825 BOPD. The flowback on the Rennerfelt #1-13H will start tomorrow. The infill development plan for North Stockyard is to drill 10 middle Bakken wells and 8 Three Forks wells. The flow back of the Rennerfelt #2-13H well is in progress and the last measured oil rate of 825 barrels per day. Production from Sail and Anchor has been re-established and the well is performing as expected. The fracture simulation treatment of the Rennerfelt 1-13-H is completed and the well will be flowed back over the next few days. Frontier 24 is drilling the Matilda Bay #2 well and is currently at 11,569 feet. This well is planned to be drilled to total depth of 16,127 feet and then the rig will skid back to the Matilda Bay #1 well to drill the lateral and run the production liner. Production is lower for March due to the Earl, Sail and Anchor, and Little Creature wells being shut-in for off-set well fracture stimulation operations. In addition, several of the vintage North Stockyard wells were shut in for operational reasons which are expected to be rectified in the near term.
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August 19, 2014
15:54 EDTSSNEnerCom to hold a conference
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05:02 EDTSSNSamson Oil & Gas provides operational advisory
The infill development plan for North Stockyard consists of 8 middle Bakken wells that have been drilled and 22 Three Forks wells. The Three Forks wells consist of 8 First Bench Three Forks wells, 6 Second Bench Three Forks wells, and 8 Third Bench Three Forks wells. Frontier Rig 24 has set and cemented the 9-5/8 inch surface casing on the Bootleg 8-14-15TF2H. Presently, the intermediate section of the wellbore is being drilled at depth of 10,397 feet. Bootleg 8 is the first well in the North Stockyard field to target the Second Bench of the Three Forks. Spacing approval has been received for a total of 22 wells in the Three Forks Formation and therefore will maintain a development drilling program over the forthcoming 2 years within the North Stockyard Field. The Bootleg 5-14-15TFH frack has been completed. A total of 35 stages were successfully completed with 8.15 million pounds of sand placed. The Bootleg 4-14-15TFH frack is underway and the plan is to fracture stimulate 28 stages with a total of 4.5 million pounds of sand. A rig is on site repairing the liner on the Matilda Bay 1, but the operation has been temporarily suspended to shut-in the well for the Bootleg 4 and 5 fracks. Following the fracture stimulation the work–over will reconvene. The Matilda Bay 2 is currently shut-in for the Bootleg 4 and 5 fracks.
August 12, 2014
05:14 EDTSSNSamson Oil & Gas provides operational advisory
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