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 Samson's strategy is to create value by developing its Bakken (Williston Basin) acreage position. North Stockyard Project Rainbow Project South Prairie Project Roosevelt Project Williston Basin ASX: SSN…
ACREAGE SUMMARY Growing Bakken and Three Forks acreage position in the Williston Basin - one of the most prolific leaseholds in the U.S. Objective Project Net Acres Working Interest Operator Williston Basin Bakken/Three Forks North…
PROVED RESERVES DECEMBER 31, 2013 PDP PDNP PUD PROVED ASX: SSN MBOE NPV 10 MBOE NPV 10 MBOE NPV 10 MBOE NPV 10 Million Million Million Million Total 668 18.960 346 12.566 677 4.522 1,691 36.048 NYSE: SSN Prepared by…
2014 STRATEGY RECENT ACHIEVEMENTS SHORT TERM FOCUS LONGER TERM OBJECTIVES North Stockyard North Stockyard North Stockyard Sold-down part-interest for 5.6m. Increase production from Three Forks development of up to 8 recently…
CENTRAL BAKKEN FOCUS, NORTH DAKOTA Since 2008 more than 4,000 wells have been drilled and approximately 450 million barrels of oil have been produced from the Bakken and Three Forks Formations. North Dakota, where Samsons North…
2014 FINANCIAL STRATEGY FARM OUT NON-CORE ASSETS Farm out Roosevelt project Farm out Hawk Springs Bluff prospect. Sell portion of Rainbow REFINE FUNDING STRATEGY ASX: SSN Finalized 25 million reserve based debt facility Term…
NORTH STOCKYARD, NORTH DAKOTA PRODUCTION The Project is located in the heart of the Williston Basin in Williams County, productive in the Bakken and Three Forks formations and surrounded by major players. Samson has a average 30%…
NORTH STOCKYARD INFILLS Middle Bakken NW Infills (6) Three Forks Development wells (8) Middle Bakken corner wells (4) ASX: SSN NYSE: SSN 11
NORTH STOCKYARD INFILL METRICS Existing producing wells INFILLS EVERETT 1-15H RODNEY 1-14H EARL 1-13H Gross Well Cost 8.25m Net Well Cost 2.29 m Lodgepole Gross EUR1 426 MBOE Bakken Shale Upper Expected Reserves PDP2(Net to…
NORTH STOCKYARD INFILLS Middle Bakken Development 10 wells to be drilled Billabong, drilled, stuck drill pipe to be recovered Sail and Anchor drilled and fracced ASX: SSN Blackdog drilled, awaiting frac Tooheys , Coopers, and…
NORTH STOCKYARD DEVELOPMENT Three Forks Development 8 wells to be drilled Two centrally located pads East west orientated 7,250 feet laterals ASX: SSN Extra length reflects slightly inferior rock quality Initial wells to be…
RAINBOW PROJECT, NORTH DAKOTA SSN Located in the heart of the Williston Basin in close Rainbow proximity to North Stockyard project and WILLIAMS CO surrounded by major players. Samson is the operator with a 52% and 23% working…
NYSE: SSN ASX: SSN E P B D O 0 500 1,000 1,500 2,000 2,500 Jan-2014 Feb-2014 Mar-2014 Apr-2014 May-2014 Jun-2014 Jul-2014 Aug-2014 Sep-2014 DRILLING Oct-2014 Nov-2014 Dec-2014 Jan-2015…
NYSE: SSN ASX: SSN L S B B 500,000 1,000,000 1,500,000 2,000,000 2,500,000 3,000,000 3,500,000 0 Jan-2014 Feb-2014 Mar-2014 Apr-2014 May-2014 Jun-2014 Jul-2014 Aug-2014 Sep-2014 Oct-2014 Nov-2014…
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 19,500 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.…
PROJECT TIMELINE North Stockyard Drilling Program to Develop middle Bakken Q413 Q114 Q214 Q314 Frac Sail and Anchor Frac Billabong Frac Tooheys ASX: SSN Frac Coopers Frac Little Creature Drill Blackdog NYSE: SSN Drill…
PROJECT TIMELINE Rainbow, Bluff and S Prarie Drilling Program Q413 Q114 Q214 Q314 Rainbow Middle Bakken Three Forks ASX: SSN Hawk Springs Bluff South Prairie NYSE: SSN Pubco 21
SUMMARY Proved reserves increased to an NPV10 of 36.0 million. Producing while advancing low risk concentrated development. Diversified acreage position targeting both conventional and unconventional oil accumulations. KEY FOCUS:…