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Samson Wraps Up Drilling Ops at Bakken Rennerfeldt Wells

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Samson Oil & Gas Limited has reported an update on its North Stockyard Project in Williams County, North Dakota.

Rennerfeldt 2-13-H (SSN WI 25.03%)

Drilling rig operations on the Rennerfeldt 2-13-HBK well have been completed with a 3,700 foot 4.5” liner placed in the Middle Bakken reservoir. The liner has 15 packers and sliding sleeves in place and the well is ready for fracture simulation operations which are expected to commence in early March.

Rennerfeldt 1-13-H (SSN WI 25.03%)

Frontier Rig 24 has completed drilling operations to a depth of 15,380 feet MD. The 4.5 inch production liner has been run with 15 packers and sliding sleeves in place and the well is ready for fracture simulation operations which are expected to commence in early March.

Frontier Rig 24 is currently being mobilized from the Rennerfeldt well pad which is located on the northeast corner of section 13 to the Matilda Bay well pad which is located on the southwest corner of section 15. Two horizontal wells will be drilled in the Middle Bakken Formation.

Tooheys 4-15-14HBK (SSN WI 27.7%), Little Creature 3-15-14HBK (SSN WI 27.7%), Coopers 2-15-14HBK (SSN WI 27.7%)

Currently a work-over rig is on the pad location running the production tubing. Once the tubing has been set on all three wells, they will be placed back on production.

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

After being reopened on February 15th and producing at a rate of 410 BOPD while flowing on a restricted 26/64^th choke, the Sail and Anchor well is again shut in while fracture stimulation operations on the Blackdog are underway. As previously reported, the well performance indicates that the well bore is most likely experiencing a sand plug blockage, and accordingly the plan is to have a coil tubing unit drill out the frac plugs on Sail and Anchor when fracture stimulation is completed on the Blackdog well.

Blackdog 3-13-14H (SSN WI 25.03%)

Fracture stimulation on the Blackdog began Feb 24^th as scheduled. Following this stimulation a coil tubing unit will then be used to drill out the frac plugs in both the Blackdog and Sail and Anchor 1-13-14HBK wells (SSN WI 25.03%).These wells are located on the Tofte 1 pad, which is on the southern boundary of Section 13 within the North Stockyard project.