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1.5¢ samson oil & gas limited

Yes Alacrity, exciting times in both Roosevelt County and Hawk...

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buc

7,887 Posts.

11

09/09/14

13:26

Post #: 13946461
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Originally posted by alacrity ↑

Nice find Buc in regards to Momentus. I was a bit worried that they where a shelf company and nothing would happen on the land.

It does however appear that they don't have much capital as has they had to raise $1mil which was probably used to aquire the 3D seismic but at least it's been done and I'm guessing that drilling will commence once they raise more money. I wonder if TB is a shareholder of Momentus or would that have to be disclosed ?

It would be a bonus if they can find commercial oil on this land which has been written off as having zero value as we could then either try and sell it all off or participate in its development at perhaps a reduced WI.

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Yes Alacrity, exciting times in both Roosevelt County and Hawk Springs.
Two new oil provinces.....Just imagine...........

SSN Price at posting: 2.1¢ Sentiment: Buy Disclosure: Held
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