Samson O&G Encounters Oil at Rodney Well

Samson O&G advised that the Rodney #1-14H well has completed the vertical and the curve portions of the well, such that the well has landed horizontally in the middle member of the Mississippian Bakken Formation at a total vertical depth of 11,288 feet on August 4th. Very good oil and gas shows were recorded upon drilling into the middle member of the Bakken Formation. Casing will now be run into the hole, and after the cementing of the casing, the horizontal portion of the well will be drilled for another 5,500 feet within the middle member of the Bakken Formation.

The Rodney #1-14H well is located in Township 154N, Range 99W, Section 14 in Williams County, North Dakota. This is Samson's fourth Bakken well in the North Stockyard Field. Based on the previous wells drilled, Samson expects the Rodney #1-14H to take approximately 17 days to drill.