Frac Stimulation Preps Continue at Samson O&G's Defender Well

Samson O&G advised that various preparations for the fracture stimulation of Defender US33 #2-29H are progressing such as the running the cement bond log and the placement of water tanks and the loading of frac fluid. The fracture stimulation is planned for the end of October. The Defender US33 #2-29H is the first Niobrara appraisal well in Samson's Hawk Springs project.

Spirit of America US34 #1-29H, Goshen County, Wyoming, Samson 100% working interest

Evergreen Rig 22 has been rigged up over the Spirit of America US34 #1-29H location and drilling operations have commenced with this rig. Current operation is drilling out the 9 5/8 inch casing shoe which had previously been set at 2,230 feet.

The Spirit of America well will be appraising the multiple conventional targets identified in the North Platte 3D seismic data. These targets consist of a Permian age stratigraphic trap and a Pennsylvanian age structural trap. This well will be a vertical well drilled to an anticipated total depth of 11,000 feet at which point it will be logged to assess the rock quality and hydrocarbon saturation.

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