Cmon, excellent article thks for sharing, a must read imo in understanding the current situation. An important thing to note is the difference between "New Well" breakeven and "Existing Well" breakeven and forming an opinion on where SSN fits in that distinction. Those companies that have drilled and completed their wells imo now have a competitive advantage in the low OP environment and can generate cash even at current OP or lower.
GLTA
SSN Price at posting:
0.8¢ Sentiment: Hold Disclosure: Held