SSN 0.00% 1.5¢ samson oil & gas limited

A small article in today's 'Australian Financial Review' might...

  1. 3,089 Posts.
    A small article in today's 'Australian Financial Review' might help the sp too - although the story is about an aussie rival, not about SSN.
    Here is part of the article:

    "US sale bodes well for Sundance" (Australian Financial Review, 'Streettalk' section, 4th July 2012, p.16)

    "Locally listed Sundance Energy Australia's acreage in the Bakken oil shale in the United States could soon be viewed as more valuable.
    US Oil industry sources say Tudor Pickering Holt, an investment bank known for unconventional oil and gas deals, is marketing assets in the area owned by private group Helis Oil and Gas.
    Word is Helis's 12,500 net acres (32,000 gross operated) in the Williston Basin area of North Dakota could attract a bid north of $US 650 million of cash.
    Sundance owns 4000 net acres that are operated by Helis in the region".

    Story goes on a bit more but you get the idea. One sale goes through at these prices and the proverbial "a rising tide lifts all boats' scenerio occurs.

    Getting close to the Origin start, so time to get off here and get a nice drop of red in my hand. Go Queensland!
 
watchlist Created with Sketch. Add SSN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.