Powder River Basin - Samson Resources

Powder River Basin
The Powder River basin contains highly attractive stacked plays, which are present across the basin. The primary conventional targets are the Parkman, Shannon and Turner/Frontier formations. Industry participants are seeing meaningful development upside in the unconventional resource plays, the Niobrara and Mowry shales, utilizing modern drilling and completion designs. Samson’s 2019 drilling program will target both conventional and unconventional resources throughout Samson’s Powder River Basin acreage.

Powder River Basin

Meaningful, Stacked-Pay Oil Resource

The Powder River basin contains highly attractive stacked plays, which are present across the basin.
The primary conventional targets are the Parkman, Shannon and Turner/Frontier formations.
Industry participants are seeing meaningful development upside in the unconventional resource plays, the Niobrara and Mowry shales, utilizing modern drilling and completion designs.
Samson’s 2019 drilling program will target both conventional and unconventional resources throughout Samson’s Powder River Basin acreage.

Samson’s Position

Samson holds a significant acreage position within the core development window of a number of the key horizons and is offset by leading U.S. Independents.
Samson holds the sixth largest acreage position in the Powder River Basin, behind Devon, EOG, Anadarko, Anschutz, and Chesapeake
Our highly contiguous acreage block(s) facilitates the development of longer-lateral, higher rate of return wells.
Net Acres:	~154,000
Current Net Production:	~7,000 BOE/D (~73% liquids)
2019e Drilling/Completion Capital Budget:	$110 – $120 MM