Ann: Operational Advisory , page-45

Would it be fair to assume SOA2 has 3 seperate producing pay zones?
I hope they don't fracc it up completly.lol..........

Nah.......I'm actually feeling unusually confident this time.........after a long,gruelling consolidation it's time for the next leg up......


Good luck to all fellow,loyal and long suffering Samsonites......







OPERATION READY FOR HAWK SPRINGS OIL WELL.

15 July 2012
HAWK SPRINGS, WY - As previously reported, the Samson Oil & Gas Spirit of America #2 well in Hawk Springs will soon be fractured stimulated in hopes of producing more oil.

Frac equipment is onsite and pumping operation are expected to begin this evening (7-13-12). 

According to a media release, the initial frac will stimulate lower sandstone perforations of the well at around 10,000 feet.  A second stage frac stimulation will occur at 9,300 feet, and a final third stage at around 9,200 feet.

All three stages are expected to be completed within the next 48 hours, however the schedule is dependent on technical aspects of the operation that need to take place.

If an adequate rate of flow is obtained from this frac, Samson Oil & Gas reports that there would be many opportunities to pursue, both within the well aspect itself, and subsequently the twenty-four, 40-acre spaced wills within the prospect. The prospects have substantially identical seismic properties as the Spirit of America #2 well. The prospects are located at substantially shallower depths and could provide a improvement in reservoir quality.

Samson says the well results thus far have been encouraging although future investment in this particular project requires a favorable result from the frac.

 

Category: regional news