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Powder River Basin : Emerging, Multiple Stacked Oil Targets

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Powder River Basin : Emerging, Multiple Stacked Oil Targets

Samson Resources provided the following update to its Powder River Basin asset.

Asset Highlights: Currently, Samson has 275,000 acres across the region and plans to operate two horizontal rigs this year Shannon well results are encouraging Plans to drill ~10 horizontal Shannon wells in 2013 Continue infill development of our Sussex program and expand Sussex core area Plans to drill 16 horizontal Sussex wells in 2013 Mature Muddy delineation with 3 horizontal wells Recent industry horizontal Frontier wells have EURs of 600+ MBOE – supports testing Rig Activity - June 19, 2013
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