is ssn going to emulate aurora

Hi,
The following is a brief summary of Aussie success in shales. Make up your own mind!


History of aurora's progression from a 10 cent stock to more than 2 dollars within 15 months.

14/11/07 - while drilling Kennedy no 1h - a gas unit of 300 were recorded against the background gas.

21/07/08 - Kennedy was fracced using 100,000 pounds of sand and frac liquid. The result - a flow of around 60 bopd.

sometime in 2009 (maybe in 2010 - not sure), hillcorp was brought in as partner and the same well was reentered and fracced using 2,500,000 pounds of frac material

As at 30/06/11, Kennedy has produced 452 mmcf of gas and 86023 barrels of oil after 502 days - this too from an old well.

Now look at Ssn history.

22/05/06 - Ssn drilled London flat and got gas shows upto 3000 units and some flourence

08/08/06 - London flats was fracced with 50,000 pounds of sands and only flowed around 10 barrels.

Sept 2011 - defender was drilled and shown some oil shows

Oct/nov 2011 - defender wil be fracced with 3,000,000 pounds using halliburton's experience

My view from studying these two companies is that our luck will follow the same path as aurora.



As at 30/06/11 - after 502 days, the well had produced 452 mmcf of gas and 86023 barrels of oil and that too with the existing well.