Interesting presso with some new data. So they have put the figure out there of 120,000 barrels in 18months for an economic well so we'll see how our new wells shape up to that.
They are also pushing the valuation models again but not sure how relevant they are as companies like KOG, CLR have much larger market caps than SSN and with that I think there is less risk and can justify a higher valuation.
Still there is plenty going on and just our steady income growth from Nth stock should ensure a higher SP let alone the wildcat drills that are on the way that could really ignite the SP especially with such a thin market here in OZ.
Good to see they have a topic on Risk Mitigation. If only that was on the agenda a few years back.
Finally, it looks like they are going straight onto the 3forks drilling after the current Bakken drills and leaving the Bong till after that.
SSN Price at posting:
2.6¢ Sentiment: LT Buy Disclosure: Held
