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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.
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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.
September 16, 2014
05:17 EDTSSNSamson Oil & Gas provides operational advisory
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September 9, 2014
05:10 EDTSSNSamson Oil & Gas provides operational advisory
Production has decreased significantly from July due to new and legacy wells in North Stockyard being shut in for offset fracs. These wells will be put back on production during September as the offset fracs are completed. The lost production is expected to be made up once these wells are restored to production due to the additional fracturing resulting from the new well fracs. 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. The Matilda Bay 2-15H is currently flowing and has produced an average of 344 BOPD over the course or the last week. The Matilda Bay 1-15H will remain shut in until the Bootleg 6, 7, and 8 fracks are completed. The Billabong 2-13-14HBK well is presently scheduled to be fracked at the end of Sept and the frack will consist of 35 stages. The Bootleg 4 & 5 wells were flowed back briefly but are currently shut in for the Bootleg 6, 7, & 8 frac. Bootleg 6, 7, and 8 are set to have wireline work done for pressure testing. The fracks are scheduled for the last half of Sept. Each well is programmed for a 30 stage frack. Frontier Rig 24 was released from Bootleg 8 and was moved to the TF north pad. Currently it is being rigged up on the Ironbank 4 location where it is scheduled to drill two eastern laterals in the TF-1 bench.

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