SSN 0.00% 1.5¢ samson oil & gas limited

Economics for SSNMaybe

  1. 471 Posts.
    lightbulb Created with Sketch. 10
    Unable to attend Perth AGM but perhaps someone could raise following:


    At what PoO do some of older Zav wells become too costly to maintain.

    From August 2014 production data:

    Column 1 Column 2 Column 3 Column 4
    0 Well Name _   Aug BBO BOD
    1 Harstad 1-15H   490.0 15.8
    2 LEONARD 1-23H   1352.0 43.6
    3 GENE 1-22H   1735.0 56.0
    4 RODNEY 1-14H   1400.0 45.2
    5 GARY 1-24H 2061.0 66.5
    6 EARL 1-13H   3118.0 100.6
    7 EVERETT 1-15H   967.0 31.2

    What is break even production at current PoO? I know  SSN has some hedging protection but would appreciate some clarification/prediction/modelling on  hedging + PoO mix impact on SSN bottom line?

    OR more bluntly, when will revenues from production actually cover SSN expenses?

    Maybe then we can address any mgment bonuses.

    Good luck
    MS
 
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