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Stock Market & Financial Investment News

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July 29, 2014
05:08 EDTSSNSamson Oil & Gas provides operational advisory
Samson Oil & Gas provided an operational advisory. For the North Stockyard Project, Williams County, North Dakota, the infill development plan for North Stockyard is to drill 8 middle Bakken wells and 8 Three Forks wells. Frontier Rig 24 finished drilling the curve at 11,635 feet MD in the Three Forks on the Bootleg 6-14-15TFH. Currently the 7 inch intermediate casing is being run. Following this operation the lateral will be drilled. Once the Bootleg 6-14-15TFH is drilled, the rig will then be moved to the north pad and begin drilling the two Ironbank wells. A rig is on site repairing the liner on the Matilda Bay 1. Following this work over the fracture stimulation program will be completed.
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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.
September 16, 2014
05:17 EDTSSNSamson Oil & Gas provides operational advisory
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