SSN 0.00% 1.5¢ samson oil & gas limited

gary 2,780 boepd, page-34

  1. 1,892 Posts.
    skyrocketer,

    Terry also said it fluctuates, we are quite aware of IP rates in shale plays, it has been mentioned dozens of times, and Samson has already put out expected rates by end of 2010

    If this well has a steady rate of 400-500 boepd, then that's a good result

    75% declines in the first 12 months are to be expected and common, as are rapid declines in first month.


    Most companies would have issued just the IP rate in this announcement
    with the 24hr flow much later.

    this is where Samson reporting won't let you down, honesty, and we also know that Gary had a few issues due to that honesty (as mentioned before, most companies don't mention a plug getting stuck short, even big players).



 
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