SSN Filed 1Q11 Quarterly Report -- Bakken, North Dakota, USA

Motley Fool noted that Samson Oil and Gas was primarily a Niobrara exploration and production company.

Considering Samson Oil and Gas is primarily a play on the Niobrara region, it shouldn't have too much fallout from what's happening at Northern, even though it does have a Bakken stake of some 3,300 acres.

The Niobrara is a parcel of land in the Denver-Julesberg Basin, which goes from northeastern Colorado through southeastern Wyoming and into southwestern Nebraska, that's attracted industry stalwarts like Chesapeake Energy, Devon Energy, and EOG Resources.

The reference to "... what's happening at Northern [Oil and Gas]" has to do with recent story about NOG's ability to keep growing.

According to its 1Q11 quarterly report, released April 15, 2011:

• SSN has 15,365 net acres in the Niobrara but it has not participated in any wells in their leased Niobrara prospect yet. SSN has a deal with Halliburton in which HAL would drill in return for a share of the oil produced (if I remember correctly).
• They have participated in six wells in the Bakken, North Dakota: five are producing; the sixth has just been completed. SSN is evaluating whether to participate in three additional infill wells where they already have wells. 
• The company is also evaluating the potential of the Three Forks in the same sections.