In hindight, SSN should have expanded in the Bakken and increase oil production in proven fields, instead of exploring unproven risky plays in Roosevelt.
At the time, some were happy with these risky plays beacuse of the high risk/reward, exploring unproven fields.
Regarding Hawk Springs (Bluff), again, the rewards could turn out to be significant, as Hawk Springs holds 22 prospects, for cheaper conventional wells.
SSN Price at posting:
1.5¢ Sentiment: Buy Disclosure: Held