SSN samson oil & gas limited
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operations advisory, page-13

  1. chand
    3,719 Posts.
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    24/10/11
    10:50
    Post #: 9180467
    Hi,

    The following statement contains good news within the slightly bad news

    "The Spirit of America US34 #1-29H well has been drilled to a depth of 9,076 feet, which is in the formation above the Permian target zone. Based on adjacent well data, Samson had recognized that this section might be difficult to drill because of the expected salt within the section. This has proven to be the case"


    This shows that their predictions from 3-D and other nearby well data HAS proved correct so far
    SSN Price at posting: 11.5¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 25  Upvote
    lightbulb Created with Sketch.  Great analysis
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