Dr.Who – You have to consider working interest in each well. First of all Samson Oil has a BOE/D of 492.15 as of the end of June. June was not a typical month as 5 of the Bakken wells were managed based upon oil and gas rates. The Harstad and Leonard wells were down and three wells Gene was only up 4 days and the two top producers Earl and Everett were working only 21 of 30 days. The numbers are shown and totaled below in a pic. Next the In-fill wells NSI 14-15 and NSI 24-25 are also on a working interest so we’re dealing with a 26.5% and near 37% working interest in those wells. On the bottom of the pic below I chose each of the Bakken wells at their best month with their working interest applied. So please note in the wells best month applying the working interest it only at 240-258 BOE/D.
SSN Price at posting:
5.0¢ Sentiment: Buy Disclosure: Held
