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Samson Oil & Gas releases operational advisory


Published Apr 12, 2012
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Samson to begin trading on AMEX under the symbol “SSN”

Samson Oil & Gas Limited provides advice on its current projects.

As previously reported, the Gretel II fracture stimulation of the Bakken Formation was successfully completed, however a frac plug was set in the vertical part of the well. This plug and an attached perforating gun will be recovered when the work-over rig arrives later this week after having completed the Australia II work-over.

During the intervening period the well has been flowed back and has recovered 12,000 barrels of water. The stimulation operation injected a total of 43,000 barrels. The go forward plan is to recover the fish, drill out the frac valves and run the production string and continue the flow back.

Tags: Samson Oil & Gas Limited




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