South Prairie 3-D Project (Samson 25% Working Interest in 23,879 net acres)
Samson has recently acquired a 25% working interest in 23,879 net acres, which is located on the eastern flank of the Williston Basin in North Dakota.
Potential reservoirs include the Mississippian Mission Canyon Formation and the Devonian Nisku Formation. Several leads were initially identified through 2-D seismic and well-control mapping. These leads will be verified with a 77 square mile 3-D seismic survey which is now being acquired. The seismic data will then be processed and interpreted in the 1st quarter of 2013. After the data has been evaluated, the first well could potentially be drilled as early as the end of the 1st quarter of 2013.