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Samson Hits 1,000 BO/d at Tooheys Well; More IPs to Follow

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Samson Hits 1,000 BO/d at Tooheys Well; More IPs to Follow

Samson Oil & Gas Limited has detailed progress on multiple wells at its North Stockyard Project in Williams County, North Dakota.

Tooheys 4-15-14HBK (SSN WI 27.7%)

Flow-back operations on this well are underway and in the first 38 hours of this operation 1,589 BO and 3,778 BW were recovered, representing an oil rate of 1,000 BOPD. The well is being flowed on a 28/64th choke and is therefore not flowing at its maximum potential. It is currently anticipated that the oil rate will increase over the next week as the water production decreases and the well cleans up. While the flow back period measured is relatively short, it is nevertheless above the Company’s pre-drill expectations.

Little Creature 3-15-14HBK (SSN WI 27.7%)

Flowback of Little Creature well was initiated but was curtailed…

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