SSN 0.00% 1.5¢ samson oil & gas limited

december quarterly, page-18

  1. 1,901 Posts.
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    For the long termers like myself you can almost forget everything else in the quarltely and just enjoy the bit about fort peck that says.. "is most likely to be a net 31,000 acres" and "potential to grow that position to a net 35,000 acres"

    We were all thinking 26,000 net acres recently and to now have a likely case of 31,000 with upside to 35,000 is huge for this companies future.

    The cash balance still at $41mil comes a close second for me as thats allowed us to have a go at these big plays.

    Our production is still low but will ramp up soon enough..

    3 cheers to fort peck I say and that has made my day !!

 
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