SSN 0.00% 1.5¢ samson oil & gas limited

deja vu, page-7

  1. 3,989 Posts.
    Agree timmy70,

    lots of news to be coming our way soon.

    1; Rodney and Earl now producing,(updates this week)

    2; CHK workings in the Niobrara with our 4 ORRI wells. Next Quart should give us an idea of their production.Some articles have come out lately and CHK CEO states of numbers up to 1700 BOPD.

    3; 4 x 100% Samson wells in Goshen.Soon to be spudded and at least 1 if not 2 producing by the end of the 3rd Quart 2011,at no expense to Samson.Samson expecting a rate of 1,000BOPD and anticipate an ultimate recovery of 413,000 per well.

    4; 5 wells in the Bakken running now, possibly another by years end.Another 4 @ 320acre spacing.
    Ultimate recovery of each Bakken well expected to be 750,000.

    5; Increase in the Bakken holdings by the purchase of further acres / project.

    So why sell ? if you believe in the story ?
    Excellent leadership team and so much more.
    I agree with your title of deja vu.
    The spring will be released soon.

    cheers


    ; If Chesapeake and Haliburton feel the need to do business with Samson,well I feel I should be a shareholder in the company.Simple as that.
 
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