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Samson Makes Progress at Bakken Prospects; Outlines Rainbow Project

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Samson Makes Progress at Bakken Prospects; Outlines Rainbow Project

Samson Oil & Gas has reported an update on its Bakken well projects.

Coopers 2-15-14HBK and Tooheys 2-15-14HBK wells (SSN WI 27.76%)

Frontier 24 is being moved to the Tofte 2 pad and is being rigged up over the Coopers well; the forward plan is to batch drill the Coopers and Tooheys middle Bakken wells. The spud of Coopers is expected to occur on Tuesday, August 20. The well will be drilled to a depth of around 2,200 feet where surface casing will be set and then the process will be repeated for Tooheys.

Both wells will be drilled as a 6,300 ft. laterals in the middle Bakken Formation.

Sail and Anchor 1-13-14HBK well (SSN WI 25.03%)

Facilities construction for the Tofte 1 pad is expected to commence early next week following the departure of the Rig 24. The fracture stimulation of the…

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