SSN
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0.00% 1.5¢ samson oil & gas limited

Oil at $41.44, page-3

  1. Value_Hunter
    4,707 Posts.
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    13/12/14
    16:38
    Post #: 14456455
    So, assume that NO NEW wells are drilled, and that oil prices stay where they are .........

    amd then factor in:

    expected decline curve
    fall in PDP values at current oil price

    how the heck are they going to be able to pay the debt back ......

    i hope im wrong !

    rgds
    V_H
    SSN Price at posting: 1.2¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply
 

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