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1.5¢ samson oil & gas limited

Back to the drawing board for you, cmonaussie. How does someone...

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buc

7,851 Posts.

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29/04/16

19:51

Post #: 17637814
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Originally posted by cmonaussie ↑

Just so we all understand ....

1,400 bopd x 91 days x US$42 per BO =~ US$5.35M

and that is the @buc top line estimate for SSN Gross Revenue for the June Qtr? Would you like to chuck in some cheap nat gas for $150K (or more) and call it an even $5.5M? I presume that figure includes gains from hedging ... or add more if you wish.

Take a punt on how much money (cash) SSN gets to keep (we call that discretionary cash flow) from operating its properties that it can invest into growing (or just maintaining) is business (of producing O&G profitably).

The (June) 10Q can be the referee. Here is the format and Sep'15 & Dec '15. Hope it helps

View attachment 170948

As always, GFTA

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Back to the drawing board for you, cmonaussie. How does someone of your intelligence miss future delivery?

11 wells completed for $220K, for 200 bopd.

18 wells completed for $2m, for 1400 bopd.

December futures $48

SSN Price at posting: 0.5¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

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