soa #2 - over hyped or a no brainer ?, page-28

Interesting article that will effect SSN.

http://www.theburningplatform.com/?p=29350

Could explain some of the problems with share price.

I feel SSN can produce and be profitable (long term) but I do not see US$.50 in our future even with good production in the near future. This is not the problem,but, is the problem of the area, cost of production development,price of sale.

This will effect partnerships with mid to large cap companies. CHK has it own profit problems.


Companies like HAL will be watching close the cost of production with this being an election year that will drive the cost of oil and gas down.

Expecting SSN in the US market to hit US$1.78 as bottom.