Dateline Santa Monica, California

Christian W. Johnson,Director and head of Samson Energy Group’s oil and gas drilling programs, announced today that a new Drilling Fund will soon be available concentrating in the ever expanding Wattenberg/DJ Basin area in Northeastern Colorado, the leading productive field in Colorado and one of the top 10 oil & natural gas fields in the U.S. The current average number of wells in the area is 19,000 and includes such industry leaders as Anadarko, Noble, Chesapeake and Synergy Resources Corporation. With a 90% plus success rate, the number of new wells increases each year and production yields are most impressive. The formations, Niobara, Codell and J Sands are tight sands and shale that collectively produce both oil and gas and are typicallystimulated with hydraulic fracturing with great success. The Codell wells have a history of producing for more than 25 years.

 

© 2019 Samson Investment Group. All Rights Reserved. Site by Enhanced Solutions.
© 2019 Samson Investment Group. All Rights Reserved. Site by Enhanced Solutions.