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 was drilled from the previously reported depth of 13,780 feet (MD) however the well trajectory was 20 feet lower than planned and encountered the Lower Bakken Shale at 16,225 ft. (MD) necessitating plans to side-track. The side-track will be initiated at approximately 14,969 feet (MD).

Having an accurate calculation of dip provides clarity for re-drilling this section of lateral to its projected Total Depth of 18,000 feet. (MD). Side-tracks are not uncommon in Bakken horizontal wells and the decision to initiate this operation should ensure an easier production liner installation than would have otherwise been the case.

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