Samson Oil & Gas Limited announced that the Leonard #1-23H well had reached a depth of 10,137 feet, penetrating the Bluell Formation objective and was logged. The evaluation of these logs suggested that there was insufficient porosity developed in the objective to justify drilling a horizontal lateral.
Leonard #1-23H (10% working interest) Bakken objective
Following the evaluation [...]
Samson Oil & Gas Limited announced today that the Leonard #1-23H well being drilled in the North Harstad Oil Field spudded on Sunday, October 12th, has set surface casing at a depth of 2,270 feet, and is preparing to drill ahead.
This well is located adjacent to the producing Harstad #1-15H well.
The Leonard #1-23H will target [...]
Samson Oil & Gas Limited announced today that drilling operations have been completed at the Davis Bintliff #1 well. Casing and cementing operations were completed and the drilling rig was demobilized on the 5th of September. A completion rig will be used to perforate the casing and run the necessary completion tubing and packer. This [...]
On the 24th of August at 0600 hours, the Davis Bintliff #1 well was at a measured depth (MD) of 14,495 feet and drilling ahead in 6 ½ inch hole towards the final (secondary) target.
The primary sandstone target was intersected at 14,338’ MD. From the mudlog, the sandstone is approximately 70 feet thick and returned [...]
The Davis Bintliff #1 well was drilling ahead at a measured depth of 13,336 feet as at 0600 hours CDT this morning. A drilling break (an increase in the rate of penetration) was recorded from 13,196 to 13,267 feet measured depth. In line with industry practice, drilling was temporarily halted to observe the fluid level [...]
The formation of the Rubicon Unit affects no change to the previous commercial arrangement entered into between Devon and Samson, which in summary allows Devon to earn up to 50% in the Samson leases whilst Samson retains the balance.
To maintain the Rubicon Unit a drilling program has to commence within a specified time frame and [...]
As of today at 0600 hours, the Davis Bintliff #1 is at a current measured depth of 12,263 feet on the 34th day of drilling operations. The rig is undertaking a wiper trip in preparation to run open hole logs and subsequent to this operation, 9 5/8” casing. Currently, operations are on schedule and meeting [...]
Samson has requested that the American Stock Exchange (Amex) investigate trading in its ADRs to ensure that the trading is in compliance with Amex’s trading rules and that of the relevant legislation governing US capital markets. Amex has advised that in accordance with their standard practice they will refer the request to the Financial Industry [...]
Samson Oil & Gas Limited (AMEX:SSN)(ASX:SSN) has been advised by some of its shareholders that its previous announcement concerning the grant of a five-year option to an officer for the purchase of 2,000,000 ordinary shares at a price of A$0.25 per ordinary share (the “Option”) may have been misinterpreted by US investors on account of [...]
Samson Oil & Gas currently produces around 100 BOPD (gross) from a horizontal well placed in the Bluell Formation of the North Harstad oil field which is located in the central part of the Williston Basin. This well has been on production for 15 months and has demonstrated the productive capacity of this formation such [...]
