SSN 0.00% 1.5¢ samson oil & gas limited

I think the qtrly is pretty good considering how low the Oil and...

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    I think the qtrly is pretty good considering how low the Oil and Gas prices were. Including the hedging they were operating cash positive albiet not by much. June will be interesting to see the FB assets included and what effect that has.

    10Q will give some more numbers, of interest is the prodn$/boe which from this report is around $14/boe. Loe may be different and timing adjustment etc. For this calc I used prodn ($977k / 57327boe) even if out it's heading in the right direction compared with a year ago as is G&A.

    On the volume my main difference for Oil was that Everett has been Shut In however my gas is low (my girls are happy about that), my numbers are not usually that out so will have to look at that.

    Below is my calc for the NS&R oil for interest using numbers from the Feb NDGOV site and using the published NRI%.

    Feb Production 2016.jpg
    Cheers & enjoy all the quarterly reading.
    Last edited by Rob79: 30/04/16
 
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