NORTH STOCKYARD PROJECT, WILLIAMS COUNTY, NORTH DAKOTA
Samson has not received its normal detailed report from the Operator such that is not able to
provide a complete update on operations in North Stockyard other than that associated with the
following wells:
Bootleg 8-14-15H is the first well in the North Stockyard field to target the Second Bench of the
Three Forks. The 7 inch intermediate casing has been set and cemented at 11,649 feet in the 2nd
Bench of the Three Forks. Currently the 6 inch lateral is being drilled at 12,176 feet.
As previously advised the Bootleg 5-14-15TFH frack has been completed. A total of 35 stages
were successfully completed with 8.2 million pounds of sand placed.
Bootleg 4-14-15TFH frack has been completed with a total of 4.3 million pounds of sand.
Following the completion of the frack of Bootleg 4 we understand that the Operator is planning to
move the frack crew to the Tofte 2 pad and frack both Bootleg 6 and 7. Given the operational
progress made on Bootleg 8 on the same pad we expect that the frack of Bootleg 8 would follow
Bootleg 6 and 7.
After completing the Bootleg 8 frack, the Billabong 2-13-14H frack would follow on approximately
September 8th.
Recent heavy rainfall in Williams County has closed roads in the county from August 23rd for heavy
loads, which has had an impact on field transport.
SSN Price at posting:
2.3¢ Sentiment: Hold Disclosure: Held
