from Oil & Gas weekly 14/02/2010 : will likely have a further update next On Thursday the well had almost completed the drilling of the horizontal section. We don‟t expect any flow rates to be available until Schlumberger arrives to perforate and frac the Bakken formation once the casing liner is in place. That will probably be towards the end of the month. So far the Gene #1 well seems to have been trouble free despite the appalling winter conditions in North Dakota. Samson has another well Ripsaw also ahead, a smallish gas target onshore Texas Gulf Coast. That has now been delayed until later in the month due to need to extend the access road.
SSN Price at posting:
2.9¢ Sentiment: Hold Disclosure: Held
