Sharks - if my memory serves me correctly, The initial ip for...

Sharks - if my memory serves me correctly, The initial ip for Gene was disappointing and the market punished SSN, only for the well to flow to it's potential which was up around the high 2K bopd rate. The market responded and the sp moved to around the 4c mark (crazy to be back so close now).

In light of what we know about Aus II holders should be encouraged by at least the prospect of Roosevelt being commercial (at least in part). This is the bakken - less speculative than the niobrara play SSN and others have been struggling to figure out.

Note also that the whole sector is being slammed at the moment because of the POO. SSN is not an island and the recent vague PR was reason enough to trigger the mini tail spin.

Hoping that we do see what can be done to get Aus flowing to it's max potential and test the near vicinity to add to the bottom line.