SSN Update on Fracking in Stockyard Creek -- Bakken, North Dakota, USA

Update:

March 31, 2011:

• Since last report, the 16th and final stage of the stimulation was pumped.
• The restricted flow back revealed a maximum oil rate of 1,320 bopd.
• Gas rates are about 1 million cubic feet per day; the gas sales line was connected after four (4) days of flaring, so both products are already being marketed and generating cash flow.

Original Post

At Yahoo's Inplay, March 22, 2011:

1:21AM Samson Oil & Gas advises on Rodney #1-14H and Everett #2-14 Wells; stimulation job has progressed satisfactorily with 1.1 mln pounds proppant placed: Co advises that the fracture stimulation of the Rodney #1-14 well has pumped 15 of the 16 stages planned. Operations have taken longer than anticipated largely because of mechanical teething problems. However, the stimulation job has progressed satisfactorily with 1.1 mln pounds proppant placed in the 15 stages. Following the completion of pumping of Stage 16 which is being undertaken currently, flow back operations will commence. The Rodney #1-14 well was drilled to a total measured depth of 17,222 feet and is Samson's fourth Bakken production well in the field. The spud date of Everett #2-15 has been brought forward and is now expected to occur on March 28th. The Everett will be the final well to develop the Bakken Formation on a 640 acre spacing.

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