SSN samson oil & gas limited
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And to think we had no debt + $70m in bank, page-2

  1. buc
    8,590 Posts.
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    16/04/15
    10:31
    Post #: 15097092
    Was it a waste of money?

    "It is expected that the Bluff 2 well will be drilled this summer around 270 feet down dip of Bluff1-11X to investigate the fluid content of the reservoir. Using a sophisticated simulator, Samson currently projects a well in the Bluff oil leg to recover 550,000 barrels and have a NPV10 of $8.3 million using a flat $50 oil price."

    Hawk Springs - 20 000 acres
    SSN Price at posting: 0.9¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 8  Upvote
    lightbulb Created with Sketch.  Great analysis
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