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Samson Oil and Gas Testing Bluff 1-11

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Samson Oil and Gas Testing Bluff 1-11

Samson Oil & Gas Limited has announced a production update:

Total Company Production Samson net production for 2014 is as follows: 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. For ease of reference, the current status of each well is set out below with separate tables for each drill pad:

Commentary

The work over rig has been released on the Billabong well and the wellbore is now free of drill pipe and the running tool assembly. A portion of Samson’s interest in the well has been offered to Slawson in accordance with our previous sale agreement, whereby Slawson can acquire 50% of Samson’s equity in the well after a successful workover. Samson’s equity in the well has…

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