ipaa ogis new york, page-36

In Terrys own words:


# zero debt

# liquid stock,average $2mil traded per/day

# Oil production 500bopd and is set to accelerate as new projects come on board

# AUSII flow back has begun and announcement expected during course of next week

# Roosvelt project is in a technically viable area.

# Niobrara will emerge to be a succesful play for Samson

# Maturity of Niobrara was a concern to SSN and has now been put aside.Once we get past production problems (JET PUMP) this will be a viable play.

# SOA the prize is so large we will have another attempt with a larger rig