SSN samson oil & gas limited

Ann: Operational Advisory and Enercom Conference Advice, page-6

  1. 3,989 Posts.
    Certainly some positive news should be around the corner with a dozen more wells coming online in a month.
    576 boepd is far from the 1,000/day but what is most important for the long term future is the ability for TB to keep ahead of the decline curve.

    Lets just say they hit the magic 1,000/day in the next month or so, how will they keep pace with the decline curve to stay with or above the 1,000/day mark ?? it's taken a lot of effort, money etc etc to get to the current rate of 576boepd and the current state of the market makes it so much harder to keep pace.

    Some here place a lot of  emphasis on the 1,000/day number but I think as long as the coy can keep above their own decline curve, the future shouldn't be to bad ? What is harder, hitting the 1,000/day number or staying ahead of it ? A long long way to go yet I feel.

    Good luck
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

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