SSN 0.00% 1.5¢ samson oil & gas limited

Ann: Operational Advisory, page-18

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    So we could be cash flow positive to the tune of $1.65mil for the June quarter if there was no delay in receipt of sales.

    If oil can stay above $60 and Slawson decide to drill a few more in the now proven Three Forks at North stockyard, SSN might have enough cash from sales to participate to counter the older wells decline or put that cash into a new project.

    They could also sell off their remaining un-drilled interest in NS and put it towards a new area at a faster rate but that could be a bit like double or nothing.
 
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Currently unlisted public company.

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