SSN 0.00% 1.5¢ samson oil & gas limited

Bobo, there is a chart on page 37 in the enercom presentation...

  1. 1,593 Posts.
    lightbulb Created with Sketch. 6
    Bobo, there is a chart on page 37 in the enercom presentation (Enecom August 2015) I roughly calculated the monthly numbers and have put in the orange boxed below. Note the orange bits arn't from the company so please check the logic. If you multiply the bopd times 30 days gives the oil then add some gas (around 18% extra to get total oil equivalent). It will be out but probably close enough to get an idea and do some rough calc's etc.

    enercom production.jpg
    Buc & Chrysipp, things would be bad if those NS wells were not drilled, completed and in production. Whilst the margin is tight there is some hedging and 10q should give a better insight on the production costs which with the liquidity noted in the presentation and increased volume I suspect will enable costs to be covered with small surplus cash available for future plans.

    All my opinion only
    Cheers
 
watchlist Created with Sketch. Add SSN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.