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Samson Talks Current Hedging Strategy, Bakken Progress

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Samson Talks Current Hedging Strategy, Bakken Progress

Samson Oil & Gas Limited has reported an update on its Bakken/Three Forks wells as well as its current hedging strategy.

Total Company Production

Samson’s net monthly production for the December 2014 quarter is as follows:

Samson’s net production by quarter for the calendar year ended December 31, 2014 is as follows:

Samson’s net production for the year ended December 31, 2014 compared to its net production for the year ended December 31, 2013 is as follows:

The North Stockyard field continues to come back on line as the remaining three development wells (Billabong, Ironbank 6 and 7) are fracked. 5 existing wells around these wells remain shut-in whilst the recently drilled wells are fracked to prevent any damage to the well bores from this fracking activity. Harsh winter conditions…

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