FRom US forum cut and paste .. Thanks to Zoombee...
Quote...
SSN has maintained 960 BOD through April based upon TB's reports.
That would double the March average output of 430 BOD.
A good buy at 29 cents a share.
SSN _ well_ BOD __ WI % __ Net BOD
Sal & Anch 586 25.03% 147
Blackdog 861 25.03% 216
Tooheys 367 28.23% 104
Coopers 359 28.23% 101
Little Creature 564 27.76% 157
Earl 197 32.00% 63
RODNEY 100 34.50% 35
HARSTAD 0 34.50% 0
EVERETT 204 26.00% 53
GENE 66 30.60% 20
LEONARD 45 10.00% 5
GARY 105 37.00% 39
Sabretooth 48 12.50% 6
Harrod 9 25.00% 2
State GC 49 49 27.00% 13
Defender 2 __ 37.50% __ 1 2 37.50% 1 Less
end quote
So at $25/barrel profit = 960bbls/dayx30 days x$25.00=$720000/month= $8640000/ annum which is enough for us to drill another blackdog at 100%equity to us ..
Any plans to do this TB..Show us how good a gambler you are mate..Show some leadership and explain why your latest decisions of cap raise and sale of renner..wells has been a positive for your 5000 plus retail investors.. All I can see is investors being taken to the cleaners ..Your responsible for this debacle with the sp; TB; and there is no way you can say you are not..How many wells could we have 100% equity in by drilling in our Bakken PUD area with the 70mill had you taken a conservative approach and safeguarded investors money. As a ceo you are only as good as decision making allows and this is born out with current sp..
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