SSN
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0.00% 1.5¢ samson oil & gas limited

Retaining the (circa) 50c SP valuation was both predictable and...

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  1. Osi
    16,495 Posts.
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    23/08/10
    11:46
    Post #: 7050739
    Retaining the (circa) 50c SP valuation was both predictable and nice.

    What I did notice in the valuation was a LOW well cost of $3m compared to the bakken well cost of $5m. Is this all to do with depth? Does it also hint of the involvement of a "low cost" large JV player?

    cheers
    SSN Price at posting: 6.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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