Dont forget the gas and how this will be HOT property,the Wyoming area is major bonus for SSN
Baxter Shale: Major emerging shale gas producing play located in the Green River Basin, Wyoming USA. Samson holds a large land position of 41,800 net acres: US$ 150 million potential from the Baxter Shale which is emerging as the next important fracture shale gas play in continental USA and has been demonstrated as a viable gas producer, with largest shale gas player as a partner. Just have a look at how much land SSN hold in this area!,
Experienced Management team? You bet! US$ 450 million potential from the Pierre Shale, first mover with private company. These guys know what they are doing and further will manage the debt standing on their heads. Another good report and well done to the management team! Funny everyones only concerned with the ann over the coming months, I am in for the long term!
All in my opinion! Goldy
SSN Price at posting:
2.7¢ Sentiment: Hold Disclosure: Held