From todays presentation:
Immediate oil production growth from Bakken
Offset wells doing IP at 3,100 BOPD
Potential to add 1,500 BOPD initial net to SSN
Immediate gas production growth from prolific Texas producers
Balances existing long life Rockies reserves
Offers price diversity
Longer term growth from credible shale plays
2010 drilling program throws off numerous follow up opportunities
Bakken drilling potentially worth US$ 75 million
Texas 3D program will generate U$ 16 million of PDP value in the next two
years
Longer term, Baxter Shale fully developed valued at a net US$150 million
Longer term, Pierre Shale fully developed valued at a net US$450 million
Not bad potential for SSN
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- 1500 bopd. bakken looking good
1500 bopd. bakken looking good
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