Samson Today Samson is focused on delivering shareholder return with a balanced and low risk growth strategy.. Strategically Repositioned. Pure play Wyoming focused E&P Operator. Company has 198,700 net acres in the Powder River…
Samson Resources II 2017 was a busy year Emerged from Bankruptcy on March 1, 2017. Sold East Texas / North Louisiana assets on August 1, 2017 for 525 MM. Total assets sold in 2017 totaled over 550 MM. Paid off existing outstanding…
Samson Resources II 2018, moving ahead Focused on oil production and reserve growth in the Powder River and Green River Basins of Wyoming. Announced 2018 Capital program of 100 - 115 MM. Anticipate drilling 20 25 gross wells in…
Commodity Hedge Portfolio as of 04/01/2018 Key Points Oil Hedge Positions (1)(2) Samson has active, forward hedge positions to limit 2.0 60.00 commodity price risk 1.7 Total 2018 Hedge Positions 58.00 1.5 Oil Volumes: 1.7 MBbl/d…
Current Liquidity Summary . Overview of RBL Credit Facility 106.5 MM Borrowing Base, 0 Drawn Scheduled redetermination on 04/15/2018: Anticipating reaffirmation of existing borrowing base Facility matures on 11/01/2020 No other…
Samson Asset Portfolio Today Samson Leasehold Summary Green River Basin Powder River Basin Net Acres: 48,700 (49% HBP) Net Acres: 150,000 (80% HBP) Current Prod: 4.4 MBoe/d (53% liquids) Current Prod: 3.4 MBoe/d (90% liquids)…
Extensive Undeveloped Inventory Across Wyoming Assets Key Points Samson Resources II Gross Location Inventory 4000 Samson has identified 3,600/ 1370 undeveloped gross / net locations across its asset areas. 3500 PARKMAN Gross / Net…
SRCII Assets as of 12/31/2017 (1) Overview of Proved Developed and Undeveloped Reserves Reserves Summary PV-10 (M) Nat. Gas Oil NGL Total SEC Strip (MMcf) (MBbl) (MBbl) (MBoe) 12/31/2017 03/12/2018 PDP 33,392 6,600 3,898 16,064…
Powder River Basin Program 11
Overview of the Powder River Basin Asset Meaningful, Stacked-Pay Oil Resource Play contains 4,000 feet of oil-charged stacked pays, similar to the Permian Basin from a resource perspective. Results thus far across numerous formations…
Powder River Basin Stacked Pay Basin Provides Significant Upside Key Points Type Log Stratigraphic Column Target Zones The Powder River basin contains highly attractive stacked pays, which are present Formation across the basin.…
Powder River Basin Asset Overview Key Points Asset Map Samsons 150,000 net acres are situated down the Powder River Basins geological axis and is strategically located over the Shannon, Niobrara, Frontier / Turner, and Mowry…
Powder River Basin - Drilling Activity Continues to Accelerate Rousch Fed 1-2MH Ballista 213-1301H Key Points 575 Boe/d IP30 Peak Powder 1,274 Boe/d IP30 EOG Resources Overall activity in the Basin continues to Nine Mile 1-1TH…
Greater Green River Program 16
Overview of the Green River Basin Asset Early Results from Multiple Stacked-Pay Zones Indicates Huge Potential for Liquids-Rich, Gas Resource Stacked development potential from the Fort Union, Lewis Shale and Lance intervals. o…
Fort Union Overview Type Log Liquids-rich targets exist within stacked, Logging Solutions compartmentalized and over pressured fluvial packages. Open Hole Triple Combo Reservoir resolution and predictability are enhanced by…
Fort Union Drilling Plans PDP Wells Anticipate drilling up to 12 gross wells during SRC 2017/2018 Drilled the 2018 Plan. Working toward a year-round Term Acreage 2018 rig line some locations not subject to drilling Term Acreage 2020…
Samson Resources II: Rigging up.. 2017 was a strong turnaround year for the company as it emerged from bankruptcy. 2018 is focused on executing the delineation drilling program in both the Powder River and Green River Basins:…