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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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November 24, 2014
20:02 EDTSSNSamson Oil & Gas provides operational update
The Bluff 1-11 well was perforated within the 9,500 sand over the interval 7,738 to 7,754 feet, and the well unloaded the completion brine almost immediately and flowed non inflammable gas at a rate of 8 MMcfpd. The rate was relatively constant during the 41 hour flow period. The well flowed on a 20 or 21/64ths inch choke at a tubing pressure of between 2,500 and 2,600 psig that increased during the flow period. No formation water was evident. Gas samples were taken and are in the process of being analyzed. The well is currently shut in for approximately 10 days whilst the pressure response is measured. The gas flow was not able to be ignited, and based on our previous samples was most likely largely nitrogen as determined from the analysis of the wire line logs. The data being collected in the near term includes the shut in pressure data, and the sample analysis. This process is expected to take three weeks after which we will have a clearer view as to the possible commercial benefit of this discovery.

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