SSN 0.00% 1.5¢ samson oil & gas limited

SSN came out with an announcement regarding the STRATEGIC GROWTH...

  1. 470 Posts.
    SSN came out with an announcement regarding the STRATEGIC GROWTH PLAN, CAPITAL EXPENDITURES AND OPERATIONS on the 8th of October and an update of the operation on the 12th of October.

    Most recent updates have lead to a lower SP even on the closing of the Goshen County transaction, and the 17 day flow rate of Gary #1-24H which had a 40 % higher flow rate with a 20% higher Working interest than Gene #1-22H.

    Now some holders may be disappointed with the flow of information at the AGM and the current SP but what more do you want, the SP has quadrupled within the last 10 months and many holders would already be sitting on excellent profits.

    IMO the market are waiting on a JV and evidence of their predicted 413 000 barrels EUR in the Niobrara.

    Once this can be proven then game on.

    I am extremely happy with management and my current holdings.


 
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Currently unlisted public company.

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