SSN 0.00% 1.5¢ samson oil & gas limited

Forgot to add, in case $50 for 2017 was considered too harsh (or...

  1. 10,693 Posts.
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    Forgot to add, in case $50 for 2017 was considered too harsh (or delusional), that Strip pricing for Jan'18 is $45.34 and Dec'18 is $47.30 .... so still not $50 in 2018!!

    Now the Strip price is not always a good predictor of forward price ... but it is used as a basis for those pesky future asset valuations.

    IF the strip is anywhere near true then it is a disaster for E&P in general and whatever Phoenix's can rise from the ruins will do extraordinarily well. I can only hope the Strip is wrong wrong wrong.
 
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