Drilling to Commence at Samson's Bakken Well

Samson O&G advised that the fracture stimulation of the Rodney #1-14 well has pumped 15 of the 16 stages planned. Operations have taken longer than anticipated largely because of mechanical teething problems. However, the stimulation job has progressed satisfactorily with 1.1 million pounds proppant placed in the 15 stages. Following the completion of pumping of Stage 16 which is being undertaken currently, flow back operations will commence.

The Rodney #1-14 well was drilled to a total measured depth of 17,222 feet and is Samson's fourth Bakken production well in the field.

The spud date of Everett #2-15 has been brought forward and is now expected to occur on March 28th. The Everett will be the final well to develop the Bakken Formation on a 640 acre spacing.

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