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June 16, 2014
05:09 EDTSSNSamson Oil & Gas provides operational advisory
The Bluff #1-11 well has reached a total depth of 8,900 feet after intersecting pre-Cambrian basement. Prior to reaching total depth, significant mud losses were observed at 8,836 feet, which necessitated a trip out to the casing shoe, while the lost mud volume was replaced. On tripping back into the hole at 8,400 feet, the well kicked and was shut in at the surface utilizing the blowout preventer. 1,620 psi was recorded on the annulus at this point, increasing to 2,080 psi with a 9.3 lbs per gallon mud weight recorded. Loss circulation material was circulated and primary well control was regained and the well was static so that drilling could continue to the total depth and the initial wireline logging program could be initiated. The tool string was unable to get past 7,330 feet on two separate occasions; the second attempt after a clean out trip. A decision was taken to employ drill pipe conveyed logging tools. Whilst preparations were under way to do a further cleanout trip ahead of this operation, the well flowed with a 9.4 lb. per gallon mud weight in the hole and was therefore shut in at the surface with 200 psi recorded beneath the blow out preventer increasing to 1,100 psi. A surface kill operation is underway. Various oil shows were recorded in the Permian, Pennsylvanian and Mississippian targets. Oily mud was observed at 8,090 feet and 8,430 feet and the mud analysis recorded up to 5% of contained oil at 8,650 feet. These shows will be evaluated using wire line logs after primary well control is re-established, which is expected to take several days.
News For SSN From The Last 14 Days
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September 30, 2014
05:08 EDTSSNSamson Oil & Gas provides operational update
Samson Oil & Gas reports the Ironbank 4-14-13TFH has completed drilling the lateral and has set and cemented the production liner in the Three Forks Formation bench 1. Rig time on this well totaled 20.75 days which compares favorably with the prior 5 TF1 wells which averaged 21.75 days spud to rig release. The Frontier 24 rig is currently being skidded to the Ironbank 5-14-13H location. The Bootleg 4 and 5 wells continue to flow at rates exceeding 500 BOPD. The Gladys 1-20H well has been drilled by Continental Resources to a total depth of 19,994 feet. The well is a 1,280 acre lateral in the middle member of the Bakken Formation. As expected the water cut from this well is decreasing and has shown a trend that started in the 80% range and is now around 60%. Samson has contracted True Drilling Rig #26, which is expected to be mobilized to the Bluff 1-11 well on or around October 9th. The forward plan for this well will be to drill out a temporary plug and set a liner across the Permian 9,500 sand which will then enable a flow test to be undertaken. This test is aimed at establishing a flow rate and enable a detailed gas analysis to be undertaken. The test will also include a shut-in period which can be used to establish whether a gas-oil contact exist below the current intersection.
September 23, 2014
05:08 EDTSSNSamson Oil & Gas provides operational update
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September 22, 2014
07:27 EDTSSNIndependent Petroleum Association of America to hold a conference
IPAA OGIS San Francisco on September 22-24.

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