12 reasons for ssn sp surge, page-3

Rod and Earl about to be fractured, both wells showed strong signs of oil during drilling.

SAMSON OIL & GAS ADVISES ON RODNEY #1-14H WELL AND
GOSHEN COUNTY TRANSACTION
Denver 1700 hours August 4th, 2010 - Perth 0800 hours August 5, 2010
Rodney #1-14H (27% working interest)
Samson Oil & Gas Limited (ASX: SSN, NYSE AMEX: SSN) advises that the Rodney #1-14H well
has completed the vertical and the curve portions of the well, such that the well has landed
horizontally in the middle member of the Mississippian Bakken Formation at a total vertical depth of
11,288 feet on August 4th. Very good oil and gas shows were recorded upon drilling into the
middle member of the Bakken Formation. Casing will now be run into the hole, and after the
cementing of the casing, the horizontal portion of the well will be drilled for another 5,500 feet
within the middle member of the Bakken Formation.
The Rodney #1-14H well is located in Township 154N, Range 99W, Section 14 in Williams County,
North Dakota. This is Samson�s fourth Bakken well in the North Stockyard Field. Based on the
previous wells drilled, Samson expects the Rodney #1-14H to take approximately 17 days to drill.

SAMSON OIL & GAS LIMITED ADVISORY, EARL #1-13H
Denver 1700 hours October 18th, 2010, Perth 0700 hours, October 19th, 2010
Samson Oil & Gas Limited (ASX: SSN, NYSE AMEX: SSN) advises that the Earl #1-13H reached a total depth of 17,342 feet (measured depth) early on October 18th having drilled a 5,742 foot lateral out of the seven inch casing shoe which had previously been set at 11,600 feet (measured depth). The horizontal section was drilled whilst observing the customary oil and gas shows.
The well will be conditioned in preparation for running a 4 inch liner which will be configured to fracture stimulate 20 stages.