Manfuzu,just type ssn into yahoo finance. In the US equivalent to 20 ordinary ssn. They have to cut their admin costs of nearly $1m per quarter. Average price for gas they received last quarter $US2.81 for gas and $US66.45 for oil. Henry hub spot price $us5.09 and new york gate spot $us5.60 atm.Oil over $us 70 for the last rew months. End of december is when they have their debt covenants evaluated. Hopefully all improving. Next year looks promising.Imo better value than ggp/vil and probably close to bcc. If they drill the 3 Gene wells next year at 30%,that could be around 500bopd. That's the theory anyway.
SSN Price at posting:
1.1¢ Sentiment: Buy Disclosure: Held