SSN 0.00% 1.5¢ samson oil & gas limited

From the Q10 We have fourteen producing wells in the North...

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    From the Q10

    We have fourteen producing wells in the North Stockyard Field. These wells are located in Williams County, North Dakota, in Township 154N Range 99W.

    The Harstad #1-15H well (34.5% working interest) was shut in for 75 days during the quarter due to downhole problems and production activities on offset wells. The well averaged 6 BOPD during the quarter. Cumulative gross production to September 30, 2014 is approximately 94 Mbbls.

    The Leonard #1-23H well (10% working interest, 37.5% after non-consent penalty) was down for 1 day during the quarter due to an electrical malfunction and a tubing failure. The well averaged 46 BOPD and 79 Mcf/d during the quarter. To September 30, 2014, the Leonard #1-23H well has produced approximately 126 Mbbls and 136 MMcf.

    The Gene #1-22H well (30.6% working interest) was down for approximately 5 days during the quarter due to an electrical malfunction. The well produced at an average daily rate of 57 BOPD and 79 Mcf/d during the quarter. Cumulative gross production to September 30, 2014 is approximately 176 Mbbls and 212 MMcf.

    The Gary #1-24H (37% working interest) well was down for less than two days during the quarter due to scheduled maintenance. The well averaged 66 BOPD and 102 Mcf/d during the quarter. Cumulative gross production to September 30, 2014 is approximately 180 Mbbls and 285 MMcf.

    The Rodney #1-14H (27% working interest) well was down for approximately 55 days during the quarter due to planned shut-in periods while completing the offset wells. The well averaged 77 BOPD and 117 Mcf/d during the quarter. Cumulative gross production to September 30, 2014 is approximately 139 Mbbls and 195 MMcf.

    The Earl #1-13H (32% working interest) well was down for 24 days during the quarter due to planned shut-in periods while completing the offset wells. The well produced at an average daily rate of 86 BOPD and 138 Mcf/d. Cumulative gross production to September 30, 2014 is approximately 225 Mbbls and 327 MMcf.

    The Everett #1-15H (26% working interest) well was down for 61 days during the quarter due to planned shut in periods while completing the offset wells. The Everett well produced at an average daily rate of 63 BOPD and 70 Mcf/d during the quarter. Cumulative gross production to September 30, 2014 is approximately 126 Mbbls and 165 MMcf.

    The Sail & Anchor 4-13-14HBK well was down for 42 days during the quarter due to planned shut in periods while completing offset wells. The well averaged 116 BOPD and 170 Mcf/d during the quarter. Cumulative gross production to September 30, 2014 is approximately 58 Mbbls and 36 MMcf.

    The Coopers 1-23-13HBK well was down for 59 days during the quarter due to planned shut in periods while completing offset wells. The well averaged 82 BOPD during the quarter. Cumulative gross production to September 30, 2014 was 47 Mbbls.

    The Little Creature 1- 15-14H well was down for 61 days during the quarter due to planned shut in periods while completing offset wells. The well averaged 110 BOPD during the quarter. Cumulative gross production to September 30, 2014 was 73 Mbbls.

    The Tooheys 4-15-14HBK well was down for 60 days during the quarter due to planned shut in periods while completing offset wells. The well averaged 62 BOPD during the quarter. Cumulative gross production to September 30, 2014 was 58 Mbbls

    The Blackdog 3-13-14HBK well was down for 43 days during the quarter due to planned shut in periods while completing offset wells. The well averaged 314 BOPD and 268 Mcf/d during the quarter. Cumulative gross production to September 30, 2014 was 110 Mbbls and 77 MMcf.

    The Matilda Bay 2-15HBK well (32.97% working interest) was successfully drilled and hydraulic fracture stimulated. The well had an IP rate of 1,117 BOPD. The well was shut-in at the beginning of August for facility issues that were resolved and the well was placed back on pump for 16 days until it had to be shut in for completion of the 2 nd Bootleg pad. During the quarter the well was on pump for a total of 42 days in which it produced 276 BOPD.

    The Matilda Bay 1-15HBK well (32.97% working interest) was successfully drilled and cased. During the fracture stimulated treatment a casing leak was detected. A work over is underway to drill out the sleeves and to determine the pressure loss point, which will then be repaired. The balance of the frack treatment will be conducted as a plug and perforation technique. The well is shut-in currently waiting for a work over after completion of the 2 nd Bootleg pad. With only 6 frack stages of the planned 24 stages completed, the well had an IP rate of 318 BOPD.

    The Bootleg 4-14-15TFH well commenced production on September 2, 2014. Since coming on production, it averaged 436 BOPD. Cumulative gross production to September 30, 2014 was 12 Mbbls.

    The Bootleg 5-14-15TFH well commenced production on September 2, 2014. Since coming on production, it averaged 360 BOPD. Cumulative gross production to September 30, 2014 was 10 Mbbls.
 
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