Samson Resources II, LLC Johnson Rice & Company Energy Conference New Orleans, Louisiana II September 25-26, 2018
Samson Today
Samson Today Samson is focused on delivering shareholder return with a balanced and lower risk growth strategy........... Strategically Repositioned Pure play Wyoming focused E&P Operator. Company has 200,000 net acres in the Powder…
Samson Liquidity Current ResourcesSummary II 2017 was a busy year . 2018 Focus Focused on oil production and reserve growth in the Powder River and Green River Basins of Wyoming. 2018 Capital program of 170 MM (includes 20 MM in…
Samson Liquidity Current ResourcesSummary II 2017 was a busy year . Samsons Liquidity Overview of RBL Credit Facility 106.5 MM Borrowing Base, 0 Drawn Scheduled redetermination on 10/01/2018 Anticipating material increase to current…
Samson Liquidity Current ResourcesSummary II 2017 was a busy year . Samsons Production Growth Operated Rig Count Powder River 0 1 2 4 Green River 0 1 2 2 Total 0 2 4 6 II (1) CAGR calculation based on 2017 exit to 2020 exit…
Asset Overview
Powder River Basin Net Acres: 150,000 (83% HBP) Current Prod: 2,600 Boe/d (89% liquids) Op Producing: 120 gross Locations: 2,470 gross Current Drilling Program: Average GWI 78% Average NRI 64% 8/8th NRI 82% - 85%…
Powder River Activity Unconventional Wells **Samson Res** LS Energy Silva 34-7 Rufous Fed 44-0113 47-79MH 12850 Mowry/Muddy Vert Test Mowry 2-Sect Hzl Test WOC Spud: 10-2018 ATX Expl Grizzly Bear 36-2NH Niobrara 1-Sect Hzl, WOC…
Growing Industry Momentum in the Powder River Active Rigs: 2 Net Acres: 400,000 net acres Active Rigs: 5 Q2 18 Net Prod.: 32 MBoe / day Yesterday afternoon we introduced two new premium plays Net Acres: 256,000 net acres in the…
Deep Inventory Opportunity in the PRB Samsons 150,000 net acres are situated down the Powder River Basins geological axis and strategically located over the Shannon, Niobrara, Frontier / Turner, and Mowry formations. Overall, the…
Samson Position in Powder River Hot Spots Hummingbird Mowry Shale Pressure Gradient Map Hot Spot Deeper Depths = Higher BHP Increased BHT = Higher BHP Subsurface Hot Spots in Basin result in higher than normal bottom hole…
Green River Basin Net Acres: 50,000 (58% HBP) Current Prod: 3,700 Boe/d (49% liquids) Op Producing: 38 gross Locations: 845 gross Current Drilling Program (1): Average GWI 88% Average NRI 73% 8/8th NRI 82% - 85% Highly…
Greater Green River Type Log Fort Union Play Type Fort Union Lance Fox Hills Pervasive, liquids-rich targets exist within stacked, compartmentalized and over-pressured fluvial packages Reservoir resolution and…
NW SEC 32 Pad SRC 2017/18 Drilled Greater Green River Milagro Federal Unit Boundary Overview Samson has moved to multi- well development in NW Sec 32 Pad Conducting down spacing test at 20 acres Exploit Pad development Phase…
Samsons Fort Union Generation 2 900,000 16V Gen-2 Outperformance 800,000 700,000 Samson drilled vertical wells during the 2008 2015 utilizing Generation 1 600,000 completion designs Cumulative MMcfe Average 3 stages and…
Endurance 1595-S32 NW Pad Overview Drilling 7 vertical Fort Union wells from a common pad: To test 27 acre spacing assumptions To exploit pad efficiencies to reduce drilling and completion costs Anticipate adding 6 PUDS per pad…
The Future Drilling program will delineate Samsons acreage position in the PRB and GGR. Focused on maintaining a strong balance sheet while delivering production growth at top tier returns to investors. Excellent asset base in the…