Update: Holm State 16-162-98H -- Lodgepole -- Not The Bakken, North Dakota, USA

This is one of several Lodgepole wells that should be very, very interesting.

• 18719, DRL, Samson Resources, Holm State 16-162-98H

Depth: 7,222 feet
Fracture stimulated, 02-20-11 to 02-21-11 (one day)
Ten (10) stages
Sand frack with 630,580 pounds of sand

Note from the operator to NDIC on September 21, 2011: "Samson Resources Company respectfully wishes to inform the NDIC that Holm State #16-162-98H well is currently shut in. Design preparations are underway for upcoming re-completion. A re-completion sundry is forthcoming."

The geologist's report: The Samson Holm State 16-162-98H was an engineering and geologic success. 4623' of lateral section were drilled within the Minton objective. The remaining 453' of the horizontal well bore were drilled in the upper Lodgepole immediately below the Minton.

The horizontal well bore appears to be oil bearing based on sample examination, oil shows, and gas recordings. Oil showings at the shale shaker along with calcite and calcite filler hairline fractures in the drill cuttings indicate the presence of a fractured reservoir. The commercial potential of the Holm State 16-162-98H will be determined by completion operations, primarily with the frac job."