SAMSON OVERVIEW Key Information Exchange / Ticker Dual Listed ASX and the NYSE MKT (SSN) Debt(1) Zero Shares Outstanding(1) 99.3 Million Average Daily Trading Volume(2) 0.80 Million shares NYSE: SSN ASX: SSN Average Daily…
MANAGEMENT TEAM Petroleum Geologist Terry Barr Cooper Basin Exploration Manager for Santos Chief Executive Officer Discovered and developed significant volumes of tight gas and oil 35 year of Industry experience Robyn Lamont…
PROJECT LOCATIONS South Prairie Project North Stockyard Project Williston Roosevelt Project Basin NYSE: SSN ASX: SSN Greater Green River Basin DJ Basin Hawk Springs Project Western State GC Oil Field Permian Basin…
PROVED AND PROBABLE RESERVES - DECEMBER 31, 2012 Proved Reserves Net EUR NPV 10 PDP 0.68 MMBOE 16.7 million PUD(1) 0.4 MMBOE 3.8 million NYSE: SSN ASX: SSN Total Proved 1.070 MMBOE 20.5 million Probable (2) 2.4 MMBOE 21.9…
2013 PLAN NORTH STOCKYARD Initiate 6 well, 160acre infill program Potential for 14 Bakken and Three Forks wells HAWK SPRINGS PROJECT Niobrara Monitor production performance of first well (Defender) NYSE: SSN ASX: SSN Revise…
NORTH STOCKYARD FIELD NORTH DAKOTA BAKKEN/THREE FORKS
NORTH STOCKYARD FIELD OVERVIEW Located in the heart of the Williston Basin in Williams County, productive in the Bakken and Three Forks, surrounded by major players Samson is the operator with an average 60% working interest and 46%…
NORTH STOCKYARD FIELD AREA MAP WILLIAMS Continental Resources COUNTY Kodiak QEP Hess Statoil Whiting Zavanna SSN North Stockyard North Stockyard MONTANA COUNTY DUNN MCKENZIE COUNTY
NORTH STOCKYARD FIELD WILLISTON BASIN FIELD DEVELOPMENT Bakken and Three Forks objectives 6,000 ft. horizontal development IP rates up to 3,000 BOEPD Rates have shown dramatic improvement as the Bakken technology has developed SSN…
NORTH STOCKYARD FIELD PROVED RESERVES - DECEMBER 31, 2012 Proved Reserves Net EUR NPV 10 PDP 0.34 MMSTB 12.5 million PUD(1) 0.34 MMSTB 4.1 million NYSE: SSN ASX: SSN Total Proved 0.64 MMSTB 15.7 million (1) Includes only 2…
NORTH STOCKYARD FIELD INFILL METRICS Bakken/Three Forks Infills(1) Gross Well Cost 8.1 million Net Well Cost 4.9 million Gross EUR 440 MBOE NPV 10 2.0 million (net to SSN) Expected PDP per well 6.9 million (net to SSN) NYSE: SSN…
NORTH STOCKYARD FIELD PRODUCING MIDDLE BAKKEN WELLS EARL 113H EVERETT 115H RODNEY 114H NYSE: SSN ASX: SSN GARY 124H LEONARD 123H GENE 122H Note: 640acre spacing 15
NORTH STOCKYARD FIELD DEVELOPMENT NORTHERN TIER BAKKEN INFILL WELLS NYSE: SSN ASX: SSN PDP Wells Bakken Infill Wells Note: 160acre spacing 16
NORTH STOCKYARD FIELD DEVELOPMENT NORTHERN TIER THREE FORKS INFILL WELLS NYSE: SSN ASX: SSN PDP Wells Three Forks Infill Wells Note: 160acre spacing 17
NORTH STOCKYARD FIELD DEVELOPMENT WILLISTON BASIN CROSS SECTION PDP Well EVERETT 1-15H RODNEY 1-14H EARL 1-13H Bakken Infill 15 14 13 Three Forks Lodgepole NYSE: SSN ASX: SSN Upper Bakken shale 1,320 Middle Bakken 660…
ROOSEVELT PROJECT MONTANA BAKKEN
ROOSEVELT PROJECT OVERVIEW Located in the Williston Basin in Roosevelt County, prospective for Bakken and Three Forks Samson is the operator with an average 66% working interest 30,000 net acres; 3% of acreage is HBP with the…
HAWK SPRINGS PROJECT NORTHERN D-J BASIN, WYOMING
HAWK SPRINGS PROJECT OVERVIEW Located in the DJ Basin in Goshen County, Wyoming, prospective for Permian conventional oil and Niobrara unconventional oil Samson is the operator with an average 40% working interest Samson owns…
HAWK SPRINGS PROJECT NEXT STEPS NIOBRARA Continue evaluation of the Defender reservoir performance Frac design can be improved to overcome high closure pressure through better selection of a ceramic proppant. Plan is to re frac…
HAWK SPRINGS PROJECT SPIRIT OF AMERICA US34 2-29 WELL CARTOON DEPICTION OF SEISMIC SECTION A - A SHOWING 9500 SAND JUXTAPOSED AGAINST 9300 SAND A A SOA 2 SOA 2 ASX: SSN shale Tight rock anhydrite 9300 Sand 9300 Sand Tight…
HAWK SPRINGS PROJECT BLUFF FEDERAL PROSPECT A A A 135 acre closure ASX: SSN SALT NYSE: SSN SALT A 4-way Dip Structural Closure at top of Permian Hartville Fm. X-Section A A displaying structural closure 25
HAWK SPRINGS PROJECT AMERICAN EAGLE PROSPECT B 470 acre anomaly B B ASX: SSN SALT B 9500 Sand NYSE: SSN pinchout Amplitude anomaly showing porous & thick 9500 sandstone of the Permian Hartville Fm. X-Section B…
HAWK SPRINGS PROJECT PROJECT DEVELOPMENTS PERMIAN SOA 11 established excellent reservoir quality but water saturated 3D seismic explains trap failure due to an intersecting fault 20, 3D amplitude anomalies validated by SOA 11…
SOUTH PRAIRIE PROJECT WILLISTON BASIN, NORTH DAKOTA
SOUTH PRAIRIE PROJECT OVERVIEW Located in the Williston Basin in Renville and Ward Counties, outside Bakken maturity but prospective for Mission Canyon Stephens is the operator with an average 28% working interest Samson owns an…
SOUTH PRAIRIE PROJECT FORFAR PROSPECT 1st Prospect to be drilled off the new South Prairie 3D seismic survey Glenburn reservoir of the Mission Canyon Formation 420acre 4way dip structural closure Structure has 2030 feet of relief…
SUMMARY Low Risk Concentrated Development North Stockyard located in the heart of the Bakken accumulation Infrastructure in place including salt water disposal and sealed roads Initial 6 well program planned to commence first quarter…