Samson 50% Working Interest
The Codell Sandstone is also productive in the Denver Julesburg Basin and has, as by way of example recovered 30 mmstb of oil and 320 BCF of gas from the Wattenberg Field. The field is stratigraphically trapped. Similar geologic circumstances are present within the south western part of the project area where an isolated thick sequence of Codell Sandstone has been mapped using existing well control and therefore has the potential to generate a trap. Whilst vintage exploration wells have penetrated this sequence and returned significant oil and gas shows no commercial flow were established. However it has been the case that the early drilling and completion of the Wattenberg Field in the Codell was not successful and it was only in the very late 1990’s that fracture stimulation technology enabled this rock to be exploited commercially
This trap has the potential to recover between 95 and 140 mmboe.
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