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1.5¢ samson oil & gas limited

Hi cmonaussie. Do you think oil has formed a base at $50?...

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buc

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11

11/04/15

09:22

Post #: 15069009
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Originally posted by cmonaussie ↑

There are actually 3 E&P parent companies with Samson as their first name:

Samson Oil & Gas - the Samson this forum cares about (SSN)

Samson Resources - formerly Samson Investments - taken private in a $7B PE transaction with KKR and rumored to be about to file Chapter 11

Samson Energy - parent of Samson Offshore - which is a partner in the GoM find. This company is the one that sold off most of their onshore shale in the PE transaction above.

SSN would not have the capital for offshore GoM drilling anyway......

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Hi cmonaussie. Do you think oil has formed a base at $50?

Doesn't seem to be going lower even with a strong $USD

SSN Price at posting: 1.0¢ Sentiment: Buy Disclosure: Held
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