Samson Oil & Gas Limited advises on the following operations:

North Stockyard (Samson operated North Tier)

The Sail and Anchor 3-13-14 HBK (Horizontal Bakken) well completed drilling the 8-3/4' intermediate hole, set and cemented 7' casing at 11,675 feet measured depth at 86 degrees in the upper Middle Bakken. A 6' lateral was then drilled and landed in the Middle Bakken target and is currently drilling horizontally at 13,780 feet measured depth. The horizontal section of the wellbore is projected to be drilled to a measured depth of 18,000 feet. It is estimated that drilling operations will reach total depth within a 6 day period.

Once total depth is reached, the forward plan is to run and cement a 4-1/2' inch production liner.

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