Gretel II 12KA 3 #1-30H, (SSN 100%, subject to a 33.34% back-in right)The production facilities have been installed and the well has been on pump for seven days having recovered 2,583 barrels of fluid combined with 12,773 barrels of fluid during flow back operations totaling 15,356 barrels out of 47,142 barrels pumped during completion operations. Not seeing any appreciable amounts of oil to date may be due to the well location being on the north side of the Brockton Fault Zone, which is believed to be the western edge of the continuous Bakken oil accumulation. The impact of the fault to Samson’s total gross acreage position of 50,000 acres would put 2/3rds of the acreage south of the fault and 1/3 rd north of the fault. We will continue further evaluation of the well and our acreage position including the potential impact of the Brockton Fault zone.
Samson Oil & Gas Operational Advisory
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