SEPTEMBER LAST WEEK (c.o.b. 3/9/10) Update due on this?Gary...

SEPTEMBER LAST WEEK (c.o.b. 3/9/10) Update due on this?

Gary #1-24H well - "second stage isolation plug be drilled out using a coiled tubing unit before continuing the remainder of the fracture stimulation job."

SEPTEMBER 10TH

The Earl #1-13H, is the next well in the Nabors Rig 668 sequence, and is expected to spud September 10th.

SEPTEMBER 13TH

Gary #1-24H well remaining fracture stimulation - "stimulation program should re-commence on or about September 13th"

SEPTEMBER 20TH

Second closing of Goshen transaction

"A second closing is scheduled for the week beginning September 20th. At the second closing, Samson will sell, at the same price per acre, 1,920 acres associated with approved drilling permits, valued at US$6.288 million."

"In addition, Samson expects that a further approved drilling permit will be accepted by the Buyer before the second closing so that another 1,339 acres, valued at US$4.385 million, will also be included."

SEPTEMBER

New Mexico - The bone Spring Formation in State GC#2 well will be fracture-stimulated in September.


END SEP

Full new reserves report due out.
Announcement on EARL well results.

DURING FALL

1.The farm down of 2 Niobrara wells with NEW JV partner and 3D seismic

2.Seeking buyers for Rockys gas asset sale Jonah/ Lookout Wash etc /Sale announcement.

3.Announcement on possible new Bakken aquisition

OCTOBER

"The frac of the Rodney #1-14H (27% working interest) is currently planned for October."


LATE OCT

The Black Creek Drilling Company to turnkey drill the Diamonback prospect in Jefferson County, Texas in late October.

OCT 30th

Quarterly due
Highlights to look for include the ramp up of oil sales from new Bakken wells - esp. Gary/ Rodney.

END NOV

90 day production reports on GARY and RODNEY (after frac)

DEC

Final tidy up of last Goshen acreage (possibly US$2-3m due)

EARLY 2011

1.Plans to drill 2 wells in remaining Niobrara acreage (50% with NEW JV partner - to be announced)
2.Re-entry of London Flats well (100%)

JUNE 2011...on

2 drilling rigs expected on Niobrara acreage
plan to drill 2 wells per month for remainder of year
= 12 x wells at 50% with JV partner Mountain Energy