Was it a waste of money?
"It is expected that the Bluff 2 well will be drilled this summer around 270 feet down dip of Bluff1-11X to investigate the fluid content of the reservoir. Using a sophisticated simulator, Samson currently projects a well in the Bluff oil leg to recover 550,000 barrels and have a NPV10 of $8.3 million using a flat $50 oil price."
Hawk Springs - 20 000 acres
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- And to think we had no debt + $70m in bank
And to think we had no debt + $70m in bank, page-2
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