Well that is the one billion dollar question that I am trying to find out the answer to.
Still no one has been able to say whether the CHK wells referred to in the preso are near to SSN's niobara acreage???
Yes I agree TB is very competent, and runs a very efficient operation.
Still, many others were convinced of SSN's potential in the mid 2000s, then the niobara wells produced about 10 bod and the shareprice nosedived.
Yes there have been major developments in technology and recoveries since then. Yes the play is hotting up and the price of acreage has increased a lot in the recent past.
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the niobara acreage is not proven, page-25
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