SSN 0.00% 1.5¢ samson oil & gas limited

december quarterly, page-13

  1. 1,364 Posts.
    "Good,Bad or Indifferent"

    Will,I think if everyone was being true to themself you could not give this quarterly a pass rate.

    DOLLARS IN BANK
    30 Sept 2011 $53.9 million
    31 December 2011 $42.2 million
    SALES
    30 Sept 2011 $2417819.00
    31 December 2011 $1959131.00

    So for the cost of 11.5 million we had a negative return of $458688.00 from the September quarter.How can this be a GREAT RESULT.

    As some have surmised,the quarterly was delayed,so there would be no trading on the info off the Quarterly before the close.If this was the reason for the delayed Quarterly then it failed.I sold my last parcel of SSN 34414 at 10c 1608hrs.They couldn't even get that right.

    Drilling Program 2012.

    Bakken formation (Northern Stockyard Field)....Isn't there something missing????.Like our infill wills.What,we are now not drilling them.The quarterly mentioned Diamondback but not the infill wills????.Aren't these wills rather important.Am I missing something..

    Gene will..."being worked over"...unsure..what does this mean?..has the will been producing in Januaray...or it is still off line???

    The poster who thinks this is going to reach $2.50 on the back of this Quarterly,I hope you are right...As said I will continue to hold my SSNO.

    Australia II...how do we intend to frac Defender in first quarter???Last report was we will still in
    negotiations,are we just hoping,there's that word again...hoping...

    This is my opinion,and how I read the quarterly.
 
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