SSN 0.00% 1.5¢ samson oil & gas limited

Ann: Operational Advisory , page-2

  1. 1,911 Posts.
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    Its probably just me, but why does it seem that there is more anchor than sail ? I know they had a deviation to sort out . But its been 6 weeks since they started the lateral of Sail, and still drilling. So if the next 3 laterals take 6 or 7 weeks each, then maybe we will be ready to frac in 4 or 5 months time ? ? ?
    So if there is a delay with the frac, will these 4 wells be finished this year?
    Its been a longtime since we drilled any wells, so I guess maybe I have forgotten the timeframes involved? And my expectations are probably making me a bit impatient?
    Here's hoping they get started asap at South Prarie, and they strike it bigtime !
    GLTA !

    Denver 1700 hours April 29th, Perth 0700 hours April 30th, 2013
    North Stockyard (Samson operated North Tier)
    During the course of last week, Frontier Rig 24 successfully set and cemented the 9-5/8 inch surface casing at 2,342 feet on the Sail and Anchor 4-13-14H BK location. The rig was then skidded to Blackdog 3-13-14H TF location and the 9-5/8 inch surface casing was set and cemented at 2,374 feet. Prior to setting casing the top section of this hole was logged to evaluate the penetrated section to determine if there is a viable aquifer to source frac water, and for long term production needs (as a diluent for produced water).
    Having set surface casing on all four wells on this pad, two wells targeting the middle Bakken (BK suffix designation) and two wells targeting the first bench of the Three Forks (TF suffix designation) are planned. Frontier Rig 24 is currently skidding back to the Sail and Anchor 4-13-14H BK surface location to drill the remaining lateral portion of the well.
    Sail and Anchor is the first of the infill wells with the Middle Bakken as the target zone. The forward plan is to drill an 8 3/4 inch hole to around 11,700 feet and set and cement 7 inch casing a few feet into the Middle Bakken at around a 87 degree inclination, from which the 6,300 foot horizontal production hole will be drilled. Samson’s working interest is 57%.
 
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