SSN 0.00% 1.5¢ samson oil & gas limited

agm comments, page-35

  1. 364 Posts.
    Let's pick up on 101investor's conversions and pump rates:

    TB said "next week" on 28/11/2011 to install the pump. That said, let's assume the pump was installed Monday Dec 5.

    Before the pump installation 29% of the proppant and aleady been removed leaving 2130000 pounds in the hole. According to 101 that is 6339 Barrels.

    According to alacrity the pump capacity is 600 barrels a day.

    IF the pump is successful in running at max capacity non stop it would take 11 days to remove the proppant (assuming there is no oil mixed in). I'm no expert but I would think that kind of performance unlikely so let's say 500 barrels a day resulting in a 13 day process.

    13 days from December 5 is Sunday December 18.

    I suggest we let the pump and the crew do their job.

    Thanks 101 and alacrity for the numbers.

 
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