Onshore Gulf Coast, TX

Sabretooth #1 well (Brazoria County, TX)
Samson 12.5% Working Interest

The Sabretooth #1 well is currently producing at a constrained rate of 3.5 mmcfgd and 40 bopd on 5/64 choke setting with 9000#s FTP and holding steady. Estimated mean reserves for this well have been calculated at 10-12 BCFG with an upside of 20 BCFG.

Sabretooth #1 well

Diamondback & Ripsaw Prospects (Jefferson & Grimes Counties, TX)
Samson 100% Working Interest

These two lower-risk prospects with excellent amplitude variation with offset attributes are currently being assembled in southeast Texas. They target the highly prolific Frio and Yegua Formations. Each prospect has reserves between 1 and 2 BCFG and are located at shallow depths which means lower drilling costs. Samson hopes to drill these prospects in the third and fourth quarters of 2009.