DENVER & PERTH, Australia--(BUSINESS WIRE)--
Samson Oil & Gas Limited (ASX: SSN; NYSE MKT: SSN):
NORTH STOCKYARD PROJECT, WILLIAMS COUNTY, NORTH DAKOTA (Samson 25% operated working interest)
Coopers 2-15-14HBK and Tooheys 2-15-14HBK wells (SSN WI 27.7%)
Last week, in the Tooheys 2-15-14HBK well, the Frontier Rig 24 successfully positioned the wellbore in the Middle Bakken Formation at 11,685 feet followed by cementing in the 7-inch casing. The rig then skidded to Coopers 2-15-14HBK and is currently drilling ahead at 9,882 feet. The curve portion of the well will start near 10,614 feet and land in the Middle Bakken Formation at approximately 11,685 feet. The rig will then run and cement 7 inch casing in Coopers and lateral drilling operations will start on Coopers. Following liner installation in Coopers, the rig will skid and drill the lateral in Tooheys. The Coopers and Tooheys wells will both be drilled to a total measured depth of approximately 17,827 feet.
Sail and Anchor 1-13-14HBK well (SSN WI 25.03%)
Fracture stimulation operations on the Sail and Anchor 4-13-14 well started late on September 4th, not on September 5th as previously advised. As of 2:00 pm MST on Monday September 9th, 1.453 million pounds of proppant have been pumped using 73,411 barrels of water. The planned job volume is 2.6 million pounds of proppant. Barring any problems, we expect to be finished with the fracture stimulation treatment on Wednesday, September 11th. The well site will then be prepared to flow the well back and put the well on to production.
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