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1.5¢ samson oil & gas limited

Got in before me chand! I forgot he calculated that way, must...

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strazza

1,469 Posts.

858

07/07/14

10:50

Post #: 13620561
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Originally posted by chand ↑

Hi,

Be careful of Zoom's number - he always uses WI and not net interest. To get to real numbers, multiply that either 0.8 or 0.75 (not sure as royalties vary between leases) to get SSN's net interest. So at 0.75 net, it gives 648 BOE

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Got in before me chand! I forgot he calculated that way, must just be coincidence that the royalties are roughly equal to prod from the "old" wells.

SSN Price at posting: 2.1¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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