Missed the nice bit...ROOSEVELT PROJECTAUSTRALIA II 12KA 6...

Missed the nice bit...

ROOSEVELT PROJECT
AUSTRALIA II 12KA 6 #1-29, GRETEL II 12KA 3 #1-30H, Roosevelt County, Montana, Samson 100% working interest; subject to a 33.34% back in right by Fort Peck Energy
Drilling permits have been received for Australia II and Gretel II wells and civil construction has commenced on the drill pad for Australia II. Samson is in the process of contracting DHS Drilling to supply their Rig 1, which is rated at 1,500 hp, and is equipped with a top drive. This rig has concluded its current well and has been released. The rig will undergo maintenance activities and is expected to be mobilized to the Australia II well site on November 1. The availability of this rig has advanced the Roosevelt drilling program by a month. Both Australia II and Gretel II will be drilled initially as vertical pilot holes, and cores of the Bakken Formation will be taken, after which a 4,500 foot lateral will be drilled in the Middle Bakken Formation. These laterals will be fracture stimulated. Samson committed to drill these two wells as part of its acquisition of a 20,000 acre land position with a 20,000 acre option. Samson’s land position is subject to a 33.34% back in right by Fort Peck Energy Company.