SAMSON OVERVIEW Samson Oil & Gas Limited is a dual national Australian/American oil and gas company holding extensive development and exploration acreage in the USA with a focus on oil production from the Bakken and Three Forks…
PROJECT LOCATIONS 2014 Strategy: Developing shale oil resources on the Companys Bakken (Williston Basin) acreage and realization of exploration upside on its Hawk Springs (D-J Basin) project. North Stockyard Project Rainbow Project…
2014 IMPLEMENTATION Drill out the existing Bakken portfolio North Stockyard 10 middle Bakken wells drilled (2 where sold because of short length and volume of proposed frack) 9 fracked Initial 2 Three Forks spud ,one complete and…
2014 IMPLEMENTATION, ACTUAL BOE PRODUCED 30,000 25,000 ASX: SSN 20,000 15,000 NYSE: SSN 10,000 5,000 - 6
2014 IMPLEMENTATION Evaluate the conventional portfolio Roosevelt Farmout completed Carry in 3D seismic and a Bakken well ASX: SSN 3D seismic acquisition complete South Prairie Pubco well planning advanced Drilling in Q4 2014…
2014 FINANCIAL IMPLEMENTATION 25 million debt facility Conventional reserves based facility 3.98% interest rate 3 year term ASX: SSN 8 million initial base, expected to increase to 15.5 million 6 million drawn Risk mitigation…
RESERVES MARCH 31ST, 2014 PDP PDNP PUD PROVED MBOE NPV 10 MBOE NPV 10 MBOE NPV 10 MBOE NPV 10 ASX: SSN Million Million Million Million Total 886 29.530 160 5.395 645 12.797 1,805 47.722 NYSE: SSN PROB UD POSS UD 2P 3P…
NORTH STOCKYARD Located in central part of the Bakken accumulation in Williams County Development commenced in 2008 Initial program was 1 north-easterly orientated well per Section ASX: SSN Infill program at 160 acres in both…
NORTH STOCKYARD IN-FILLS Middle Bakken NW Infills (6) Three Forks Development wells (8) Middle Bakken corner wells (4) ASX: SSN NYSE: SSN BOOTLEG 6 AND 7, IRONBARK 6 AND 7 NEXT BOOTLEG 4 COMPLETED, BOOTLEG 5 IN LATERAL 11
NORTH STOCKYARD BAKKEN INFILLS CURRENT LATERAL STATUS AS AT 31 MAY DAYS ON CUM TO Well Name RATE LENGTH 2014 PROD. DATE BO BOPD Recovery of drill pipe Billabong 2-13-14HBK 6,147 ft. N/A 0 N/A underway Sail and Anchor 4-13-…
NORTH STOCKYARD THREE FORKS INFILLS LATERAL CURRENT CUM TO TF PAD NORTH STATUS LENGTH RATE BOPD DATE BO Bootleg 4-14-15TFH 7,211 ft. Completed N/A N/A Bootleg 5-14-15TFH 7,495 ft. Drilling lateral N/A N/A 7,466 ft. ASX: SSN…
RAINBOW PROJECT, NORTH DAKOTA Located in the heart of the Williston Basin in close SSN Rainbow proximity to the North Stockyard project and surrounded by major players. WILLIAMS CO ASX: SSN Samson is in two DSUs CLR operator…
PRODUCTION AND ENTERPRISE VALUE Quarterly Production and Enterprise Value - Triangle Petroleum 800 1,200.00 1,055.88 700 1,000.00 600 845.40 800.00 Enterprise Value (Millions)* 500 ASX: SSN Production (MBOE)…
VALUATION MULTIPLES EV to Proved and EV to Production Multiples - Continental Resources Inc 450,000 100 377,185 400,000 90 88.61 80 350,000 70 259,954 EV to Proved Reserves ( per BOE) 300,000 EV to Production…
BAKKEN VALUATION MULTIPLES EV/RESERVES EV/PRODUCTION ( per barrel) ( per barrel) ASX: SSN TPLM 20.97 116,525 KOG 32.71 160,812 CLR 25.91 184,203 NYSE: SSN NOG 17.52 120,306 Average 24.28 145,462 MARCH 2014…
ACTUAL AND ESTIMATED BOE PER MONTH 50,000 45,000 40,000 ACTUAL ASX: SSN 35,000 30,000 25,000 20,000 NYSE: SSN 15,000 ESTIMATED 10,000 5,000 - 18
PRODUCTION MULTIPLE VALUATION 250,000,000 200,000,000 ASX: SSN 150,000,000 100,000,000 NYSE: SSN 50,000,000 - USES 145,000 PER FLOWING BOED 19
PRODUCTION MULTIPLE VALUATION 250,000,000 200,000,000 ACTUAL ASX: SSN 150,000,000 100,000,000 NYSE: SSN 50,000,000 ESTIMATED - USES 145,000 PER FLOWING BOED 20
HAWK SPRINGS PROJECT, WYOMING DENVER-JULESBURG BASIN (D-J BASIN) An oil play located in the D-J Basin in Goshen County, Wyoming, prospective for Permian conventional oil. Samsons current land position 21,000 net acres in two…
SOUTH PRAIRIE PROJECT, NORTH DAKOTA Located in the Williston Basin in Renville and Ward Counties, prospective for Mississippian Mission Canyon Formation. Many producing Mission Canyon field analogs exist along the Salt Edge trend.…
SUMMARY Diversified acreage position targeting both conventional and unconventional oil accumulations. Samson is generating significant production and cash flow growth from an 18 well low risk development infill drilling program in…
Loading...
