SAMSON OVERVIEW Key Information Exchange / Ticker Dual Listed ASX and the NYSE MKT (SSN) Debt(1) Zero Shares Outstanding (1) 105 Million (6) ASX: SSN Average Daily Trading Volume(2) 0.80 Million shares Average Daily Trading…
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 Chartered…
PROJECT LOCATIONS Rainbow Project North Stockyard Project South Prairie Project Williston Roosevelt Project Basin Greater Green River Basin ASX: SSN D-J Basin Hawk Springs Project NYSE: SSN Western State GC Oil…
ACREAGE SUMMARY Objective Project Net Acres DJ Basin Permian Hawk Springs 19,000 ASX: SSN Williston Basin Bakken/Three Forks North Stockyard 1,200 Williston Basin Bakken/Three Forks Rainbow 1,250 NYSE: SSN Williston…
2013 STRATEGY CENTRAL BAKKEN FOCUS North Stockyard Initiate 6 well, 160 acre infill program Potential for 14 Bakken and Three Forks wells Rainbow Project Doubles central Bakken acreage position 16 Bakken and Three Forks locations…
CENTRAL BAKKEN FOCUS Both projects located in Williams County, North Dakota. Acreage position increased by 100% to 2,450 acres. Acres will support 30, Bakken and TF1 development wells. Represents 2.5 years for a single drill rig.…
WILLIAMS COUNTY SSN Rainbow SSN North Stockyard MONTANA COUNTY DUNN MCKENZIE COUNTY Continental Resources QEP Statoil Zavanna Kodiak Hess Whiting
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, 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 developed. SSN…
NORTH STOCKYARD PDP RESERVES 31 DECEMBER 2012* Well Gross EUR Net EUR Net NPV 10 Bakken Pool 1.4 MMSTB 0.3 MMSTB 11.6 million ASX: SSN Mission 122MSTB 32 MSTB 0.96 million Canyon Pool Total 1.5 MMSTB 0.34 MMSTB 12.5 million…
NORTH STOCKYARD PROVED RESERVES 31 DECEMBER 2012 Net EUR NPV 10 PDP 0.34 MMSTB 12.5 million ASX: SSN PUD 0.34 MMSTB 4.1 million Total Proved 0.64 MMSTB 15.7 million NYSE: SSN Includes only 2 of the 14 in-fill wells…
NORTH STOCKYARD INFILL METRICS Bakken/Three Forks Infills Gross Well Cost 8.1 million Net Well Cost 4.9 million ASX: SSN Gross EUR 440 MBOE NPV 10 2.0 million* (net to SSN) Expected PDP per well 6.9 million* (net to SSN)…
NORTH STOCKYARD PRODUCING MIDDLE BAKKEN WELLS EARL 1-13H EVERETT 1-15H RODNEY 1-14H ASX: SSN LEONARD 1-23H GARY 1-24H NYSE: SSN GENE 1-22H 640 acre spacing 16
NORTH STOCKYARD FIELD DEVELOPMENT NORTHERN TIER BAKKEN INFILL WELLS ASX: SSN NYSE: SSN PDP Wells Bakken Infill Wells 160 acre spacing 17
NORTH STOCKYARD FIELD DEVELOPMENT NORTHERN TIER THREE FORKS INFILL WELLS ASX: SSN NYSE: SSN PDP Wells Three Forks Infill Wells 160 acre spacing 18
RAINBOW PROJECT 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 a 52% and 44% working interest and 40% and…
RAINBOW PROJECT ASX: SSN NYSE: SSN 22
ROOSEVELT AND HAWK SPRINGS PROJECTS
ROOSEVELT/HAWK SPRINGS OVERVIEW ROOSEVELT PROJECT HAWK SPRINGS PROJECT Located in the Williston Basin in Located in the D-J Basin in Goshen County, Wyoming, prospective for Roosevelt County, prospective for Permian conventional oil…
SOUTH PRAIRIE PROJECT WILLISTON BASIN, NORTH DAKOTA
SOUTH PRAIRIE 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 average 25%…
SSN ANALOGY PRODUCTION METRIC 213,000 PER FLOWING BARREL Production Rate EV ASX: SSN YE 2012 (Actual) 219 BOEPD 41 million YE 2013 (Expected) 1,200 BOEPD 255 million YE 2014 (Expected) 1,600 BOEPD 340 million NYSE: SSN…
RIGHTS OFFER One new share for every three held on record date of April 8th. Priced at 52 cents. ASX: SSN 40% warrant cover at exercisable at 78 cents, 4 year term. NYSE: SSN Closes April 24th in the USA. Raises 18 million…
SUMMARY Low risk concentrated development NORTH STOCKYARD Located in the heart of the Bakken accumulation. Infrastructure in place including salt water disposal, sealed roads. Initial 6 well program planned to commence first quarter…