But Buc (try saying that 3 times quickly),
Tezza has had Hawk Springs all this time hasn't he? Back in Feb 2012 (when SSN had a MC of $225M and no debt) he was touting Hawk Springs Conventional Oil project Permian/Penn in the DJ Basin and 50+ MmBOE of Resource and 250 locations. Definitely cracked something.
With all that potential @ Hawk Springs why bother with the Bakken?
PS - did you farmout 50% for no carry as you quote $1.5M well costs and the slide clearly says $3M well cost (its the same slide you get the $8.3M NPV on $50 oil from). I think I can predict your response that says $2.15B aint half bad.![]()
- Forums
- ASX - By Stock
- SSN
- And to think we had no debt + $70m in bank
And to think we had no debt + $70m in bank, page-10
-
-
- There are more pages in this discussion • 34 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SSN (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O'Donovan, Executive Director
Gerard O'Donovan
Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online