The well is expected to be drilled to a total measured depth of 17,344ft, which will represent a horizontal section of 5,689ft.
Whilst drilling the horizontal section, continuous oil and gas shows have been recorded within the Middle Bakken Formation, which are consistent with those observed in the Gene #1-22H. The well track has remained in the target zone for the entire horizontal section, the company said.
Samson Oil & Gas is an Australia-based company holding extensive development and exploration acreage in the US. The company said that its business strategy is to create value by focusing on the US energy sector and in particular exploration for and production of gas.
