I always knew TB had plans for a much bigger Samson but the good thing is that this time round much of that growth will come from drilling the less risky Bakken and Threeforks from our existing inventory and land yet to be aquired as opposed to the wildcats in Hawksprings etc.
We still have the wild cats to add some spice but happy to play steady as you go and wait for the market to play catch up.
They rolled the dice on some pretty big bets in the past that didn't pay off and in hindsight they appear to have risked too much of our cash on those bets. They also made a few mistakes along the way but at least now it's heading in a sustainable direction but could take a few more years to see this stratergy fully blossom and probably a few cap raises along the way.
Anyway its time to look to the future and the next little step along the way will be tomorrow's update.
SSN Price at posting:
2.4¢ Sentiment: LT Buy Disclosure: Held
