2012 drilling programme - update, page-7

"I was surprised to see SSN allocate $10M to drill the 4 infill well in North Dakota Stockyard Fields when this area is already proven thus leaving more cash for Roosevelt and Hawk Springs."


SSN is not the operator, so if Zavanna are to move move forward, SSN would need to participate or risk loing the WI in those wells.

Also, the 10M invested, in these wells has an almost guaranteed return after payback where as SSNs other plays are not proven.

Smart move I think.