SSN samson oil & gas limited

operational advisory 23/1, page-28

  1. Osi
    18,636 Posts.
    lightbulb Created with Sketch. 201
    Thank you for the more comprehensive explanation GiddyYup.

    As noted a lot of traders don't read anns. Sushi/Nio is still trying to confuse the Yahoo crowd with Bakken IPs and decline curves .... which some see as a virility index and not much more. Why this poster is actually trying to deny the existance of the free carry beggars belief but who cares. The market will catch on shortly IMHO.

    I guess that it may take some weeks before the full picture is known. For the momement what is relevant is the return of commercial oil to the surface.

    K1111. It's all tied up in a contract that is binding to SSN. The option to drill another well (free carried to SSN) resides with HAL. IMHO the closer SSN sticks to HAL the happier the SSN SP will be. HAL will, I expect, drill the second well.

    cheers
 
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