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.
SSN Price at posting:
6.4¢ Sentiment: LT Buy Disclosure: Held