Samson Oil & Gas USA 1331, 17th Street, Suite 710, Denver Colorado 80202 Tel + 1 303 295 0344 Fax + 1 303 295 1961 SAMSON OIL & GAS OPERATIONAL ADVISORY Denver 1700 hours November 22nd, 2011, Perth 0700 hours November 23rd, 2011 HAWK SPRINGS PROJECT Defender US33 #2-29H, Goshen County, Wyoming, Samson 37.5% working interest (carried) Samson Oil & Gas Limited (ASX: SSN; NYSE AMEX: SSN) advises that fracture stimulation is complete and flow back operations are continuing, with 25% of the frac fluid being recovered. All of the cement plugs have been successfully drilled out so that the flow is only restricted at the surface choke. The forward plan for this well is to install the down hole pump and prepare the well for production operations. We anticipate it will take a few weeks to fully evaluate the results. The Defender US33 #2-29H is the first Niobrara appraisal well in Samson’s Hawk Springs project. ROOSEVELT PROJECT AUSTRALIA II 12KA 6 #1-29, (SSN 100%, subject to a 33.34% backin right) Drilling operations continue on the Australia II 12KA 6 #1-29 at a depth of 5,040 feet. The vertical well will be drilled to the Upper Bakken shale at 9,440 feet, where one 60 foot core will be cut and a second 60 foot core will then be cut from the Upper Three Forks.
Cheers,
TCG
SSN Price at posting:
10.5¢ Sentiment: LT Buy Disclosure: Held
