FOCUSING ON OIL PRODUCTION FROM THE BAKKEN FORMATION IN THE USA. AUGUST 2013
SAMSON OVERVIEW Samson Oil & Gas Limited is an Australian based oil & gas company holding extensive development and exploration acreage in the USA with a focus on oil production from the Bakken and Three Forks shale formations of…
BOARD & MANAGEMENT VICTOR RUDENNO, NON EXECUTIVE CHAIRMAN ROBYN LAMONT, CHIEF FINANCIAL OFFICER Over 25 years of experience in the mining and financial services Chartered Accountant (CPA) with 10 years of oil and gas industry…
2013 FOCUSED STRATEGY IMPROVE NORTH STOCKYARD AND HAWK SPRINGS OPERATIONS North Stockyard Increase production rate through infill drilling Hawk Springs Project Monitor production performance of first well (Defender well). Revise…
2013 FINANCIAL STRATEGY DIVEST / FARM OUT NON-CORE ASSETS Divest non-core acreage holdings Sale of Roosevelt project (subject to buyers performance) Significant interest being shown following termination of a sale contract Farm out…
PROVED AND PROBABLE RESERVES APRIL 30, 2013 Proved reserve volume increased by 61% from 1.05 MMBOE to 1.69 MMBOE between December 31st, 2012 and April 30th, 2013. Proved and Probable reserves currently stand at 4.14 MMBOE (NPV10…
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…
LARGEST US CONTINUOUS OIL ACCUMULATION Bakken and Three Forks shale formations (Williston Basin Province of Montana, North Dakota and South Dakota) represent largest Continuous Oil Accumulation in the US, with mean undiscovered…
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…
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%…
EXPECTED PRODUCTION GROWTH (BOEPD) 1,400 Includes only 8 North 1,200 Stockyard in fill wells 1,000 ASX: SSN 800 600 NYSE: SSN 400 200 0 14
NORTH STOCKYARD INFILL METRICS Existing producing wells BAKKEN/THREE FORKS INFILLS EVERETT 1-15H RODNEY 1-14H EARL 1-13H Gross Well Cost 8.1m Net Well Cost 2.0m Lodgepole Gross EUR1 440 MBOE Net NPV 10 0.81m* Bakken Shale…
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 44% working…
HAWK SPRINGS PROJECT, WYOMING DENVER-JULESBURG BASIN (D-J BASIN) An emerging oil play located in the D-J Basin in Goshen County, Wyoming, prospective for Permian conventional oil and Niobrara unconventional oil. Samsons current land…
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 Drilling Program to Appraise, Evaluate and Grow Oil Prospects Q313 Q413 Q114 Q214 North Stockyard Frac Sail and Anchor ASX: SSN Frac Billabong Infill 3 Infill 4 NYSE: SSN Infill 5 Infill 6 Rainbow…
SUMMARY Proved reserves increased by 50% to 1.51MMBOE (Dec 31 2012 Apr 30 2013). Producing while advancing low risk concentrated development. Diversified acreage position targeting both conventional and unconventional oil…