There are no words left to use to sum up my contempt for SSN, but I have to admit they find new ways to stick it to shareholders.
Besides being in breach of loan covenants with their new lender (how glad must MOB have been to get out whole) they have also managed to get the North Dakota Industrial Commission (NDIC) Oil & Gas Division to bring about an administrative action..
Summarized below
Now what is it that they have allegedly done???
https://www.willistonherald.com/news/oil_and_energy/two-north-dakota-oil-companies-face-enforcement-actions-related-to/article_3408ef42-42ea-11ea-9a3e-af9ca456a27b.html
Two North Dakota Oil companies face enforcement actions related to wells in Williams, Mckenzie counties
(excerpt)
Cue the music....
No need to ask, he's a smooth operator
Smooth operator, smooth operator,
Smooth operator
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- Ann: December 2019 Quarterly Activities and Appendix 5B
Ann: December 2019 Quarterly Activities and Appendix 5B, page-10
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