The Gene was the real catalyst and the start for the North Dakota Stockyard which has given SSN the cashflow going forward.
The IP rate as important as it is for the Defender well will be very interesting to see what the 30 day and decline rates may come in at if successful, considering it will be the first well drilled in this location. The Earl IP was average compared to Gene, possibly because of the drilling complications but yet has proved to be their biggest producer.
We should know more early next week
Cheers Matsim
SSN Price at posting:
11.0¢ Sentiment: Hold Disclosure: Held