back to reality, page-12

I am sure the Chinese are aware of Samson's total asset portfolio and find it unlikely that they are only interested in the Hawk Springs verticals.

Buc, your conspiracy theory about CNOOC wanting in at the Roosevelt project has merit if the sale doesn't go through.A small reference to the conventional targets in the last announcement requires some discussion......


"If the currently proposed sale does not close, Samson will examine its options with respect to this
acreage, including but not limited to sale of the property to another buyer or ( regarding the ) development of the
conventional potential of the acreage."


As far as I recall, the conventional targets were always part of the potential at Fort Peck, 3D and funds permitting. The acreage was put on the market regardless because the money was needed to drill the in-fills but now that that is in doubt, all of a sudden, they are back in the frame. Why would Terry even mention those wells in that context unless there is funding potential available from another source. Without that money how could TB drill the in-fills and the Roosevelt verticals. Does anyone speak Chinese.

Cheers OMR

P.S Back in Monday