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News Breaks
June 18, 2014
05:24 EDTSSNSamson Oil & Gas provides operational advisory
The Bluff #1-11 well has set a drillable bridge plug at 7,160 feet in the intermediate casing and the pressure was bled off enabling drill pipe to be run into the hole to the top of the plug. Currently the rig is conditioning mud in preparation to drill out the plug and to prepare the open hole for logs. During the well control operations last evening a gas sample was obtained, and has been analyzed and has determined a 97% nitrogen content with 2% methane and heavier hydrocarbons. The generation of nitrogen is thought to be associated with dolomitic zones that are encased in anhydrite. The proposed drill pipe conveyed logging program will enable the various oil shows that were recorded in the Permian, Pennsylvanian and Mississippian targets to be evaluated. 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.
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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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