All Posts Tagged With: "Goshen County"
Samson holds 144,000 acres in the area, which sits in the southeast Wyoming portion of Denver-Julesburg Basin. The basin, in turn, is part of the Niobrara Shale formation, which is a chalk formation several oil companies have targeted due in part to continuing advancements in horizontal oil well and fracing technology.26Jul2012 | admin | 0 comments | Continued
If an adequate rate of flow is obtained from this frac, Samson Oil & Gas reports that there would be many opportunities to pursue, both within the well aspect itself, and subsequently the twenty-four, 40-acre spaced wills within the prospect.15Jul2012 | admin | 0 comments | Continued
University of Wyoming trustees awarded a conditional five-year oil and gas lease for mineral interests on James C. Hageman Sustainable Agriculture Research and Extension Center (SAREC) property in a special meeting.1Sep2011 | admin | 0 comments | Continued
“You want to get as much data as possible so you don’t drill a $3 million to $4 million dry hole,” he said. “My expectation is (the companies) want to have another tool of using that additional science to have a better opportunity to drill a productive well.”18Jul2011 | admin | 0 comments | Continued
The latest news shows a healthy appetite for joint ventures and asset expansion, as well as a robust confidence in the growing role of natural gas for power generation. One deal involves purchase of active oil fields held by a Nevada corporation that recently filed for Chapter 11 bankruptcy.28Feb2011 | admin | 0 comments | Continued