Exploration & Production | Capital Markets | Private Equity Activity
Samson Updates Ops at Bakken Prairie, Stockyard Projects

Samson Oil & Gas Limited has reported an operational update on its Bakken activity.
South Prairie Project (Samson 25% non-operated working interest)The first well to be drilled in the South Prairie Project, the Matson #3-1 well (located in Ward County, ND), has been delayed due to heavy rainfall over the last few weeks.
The drilling contractor, CanElson USA, was scheduled to mobilize the rig to the well site on June 10th but has now been delayed to June 20th. The Matson #3-1 well will be drilled to a total depth of 4,900 feet to test a 420 acre 4-way structural closure in the Glenburn zone of the Mississippian Mission Canyon Formation. The Glenburn zone has produced over 2.5 million barrels of oil just 2 miles to the northeast from a similar type of trap at South Glenburn Field.
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