Looks like Gladys is a star performer, the well was shut in January 1, 2015 and an electric submersible pump was installed. The pump was activated January 23,, 2015 producing in excess of 950 BOPD
The project is expected to support drilling 14 wells; eight wells in the middle Bakken and six wells in the first bench of the Three Forks. These wells will be configured as north-south orientated 10,000 foot horizontals. In the western drilling unit of the acquired acreage, Samson holds a 52% working interest. In the eastern drilling unit, Samson’s interest is 23%. Continental Resources has been designated as Operator, due to their larger working interest.
SSN Price at posting:
1.0¢ Sentiment: Buy Disclosure: Held
