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1.5¢ samson oil & gas limited

March 9/10 is the date IMHO. 1000 BOEPD or close. 3 weeks and...

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Chrysipp37

239 Posts.

21/02/15

02:12

Post #: 14794677
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Originally posted by msinosich ↑

According to Nth Dakota monthly production figures, SSN had 12 wells in production, with three wells - EVERETT 1-15H, Bootleg 4-14-15TFH, Bootleg 5-14-15TFH - producing from 13375, 15898 and 15424 BO, respectively.

Net SSN production (from nth Dakota for Dec) was about 662 BOPD for Dec 2014.

According to Zoom_Bee, January production will include Bootleg 8 and Ironbank 5 (no production for Dec 2014) which contributed 20,000+ BO for 365 BOE\D net to SSN.

If Dec production is maintained into New Year, then Jan '15 could be first time that SSN can report net production
> 1000 BOPD.

That is one major achievement for this minnow.

Can it be sustained? Should SSN cash in on hedged contracts? OR is PoO on mend?

MS

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March 9/10 is the date IMHO.

1000 BOEPD or close.

3 weeks and the wait has got an end.

c

SSN Price at posting: 1.4¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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