Australia's largest stock trading and investment forum Australia's #1 stock forum

SSN

0.00%

1.5¢ samson oil & gas limited

A good estimation, page-12

First 12 Last

Share
Profile

Follow
buc

7,958 Posts.

11

10/10/14

09:36

Post #: 14104297
Share

Originally posted by ell1949 ↑

Average production rate in july 2014: 654 BOPD. Average rate for Bootleg 4-14-15TFH (28.386344% SSN working interest): 457 BOPD (129.72559208 BOPD NET to Samson). Average rate for Bootleg 5-14-15TFH (28.386344% SSN working interest): 330 BOPD (93.6749352 BOPD NET to Samson). Average rate for Gladys 1-20H (23% Samson working interest): 550 BOPD (126.5 BOPD NET to Samson). Add the average NET production rate of july to the NET interest of Bootleg 4-14-15TFH, Bootleg 5-14-15TFH and Gladys 1-20H: 654 BOPD + 129.72559208 BOPD + 93.6749352 BOPD NET + 126.5 BOPD = 1003.90052728 BOPD. 1004 BOPD is what we got RIGHT NOW when the "old" wells come back online and produce as much as in july (and don´t forget that Matilda Bay 1-15-HBK will get a re-work soon). Bootleg 6-14-15TFH, Bootleg 7-14-15TFH and Bootleg 8-14-15TFH probably getting frakked in the "last half of September" and Billabong 2-13-14HBK getting frakked by end of September. If one calculates very conservative and says Bootleg 6-14-15TFH, Bootleg 7-14-15TFH and Bootleg 8-14-15TFH will have the same average production rates as Bootleg 5-14-15TFH, we can add the following rates to the 1003.90052728 BOPD:.Average rate for Bootleg 6-14-15TFH (28.386344% SSN working interest): 330 BOPD (93.6749352 BOPD NET to Samson). Average rate for Bootleg 7-14-15TFH (28.386330% SSN working interest): 330 BOPD (93.674889 BOPD NET to Samson). Average rate for Bootleg 8-14-15TFH (28.386330% SSN working interest): 330 BOPD (93.674889 BOPD NET to Samson). 1003.90052728 BOPD + 93.6749352 BOPD + 93,674889 BOPD + 93,674889 BOPD = 1284.92524048 BOPD. But now let´s not forget Billabong 2-13-14HBK from which some say it will be as big as the Blackdog 3-13-14H well. The most recent production rate from 08/11/2014 was 555 BOPD. Billabong 2-13-14HBK´s working interest is: 28.7722% which would be 159.68571 BOPD NET to Samson. Now add this NET production rate for Billabong 2-13-14HBK well to the 1284.92524048 BOPD from above: 1444.61095048 BOPD. ends

Expand

The oil hedging program placed by our Managing Director Terence Barr is a master stroke too, imo.

SSN Price at posting: 1.9¢ Sentiment: Buy Disclosure: Held
8 Upvote

0 Great analysis

Reply

Top Stories

HBF to throw 10% vote behind NDC BidCo's buyout of Pacific Smiles Group

29M

High-grade copper results provide some relief to 29Metals after earlier mine shutdown

I88

Large fault structure and uranium anomalies picked up by Infini at Newfoundland play

PH2

Pure Hydrogen inks MOU for 5 hydrogen buses in Saigon – days after Twiggy's FFI reeled back in

Biden's exit bakes in a Kamala Harris ballot while markets expect Trump to win. How could equities fare this week?

There are more pages in this discussion • 19 more messages in this thread...

First 12 Last

Add SSN (ASX) to my watchlist

A good estimation, page-12

Top Stories

HBF to throw 10% vote behind NDC BidCo's buyout of Pacific Smiles Group

High-grade copper results provide some relief to 29Metals after earlier mine shutdown

Large fault structure and uranium anomalies picked up by Infini at Newfoundland play

Pure Hydrogen inks MOU for 5 hydrogen buses in Saigon – days after Twiggy's FFI reeled back in

Biden's exit bakes in a Kamala Harris ballot while markets expect Trump to win. How could equities fare this week?

Featured News