I'm guessing the market isn't pleased with the average 1017 bopd, the revisiting of the SOA2 well and liquidity of $6 million.
(* Estimate based on realized March quarter production and $39 oil price (indicative of current Bakken oil pricing), allowing for a two month delay between production and cash receipt the revisiting of the SOA2 well?
"Spirit of America US34 #2-29 well Samson 100% Working Interest A re-completion in a 40 foot interval of the Dakota Formation is currently being planned for late Q2 2015."
SSN Price at posting:
0.9¢ Sentiment: Buy Disclosure: Held