SSN 0.00% 1.5¢ samson oil & gas limited

Dow down over 1% but KOG BEXP % AEZ up with SSN steady.Just...

  1. 12,709 Posts.
    lightbulb Created with Sketch. 266
    Dow down over 1% but KOG BEXP % AEZ up with SSN steady.
    Just waiting till it's ssn's turn.

    Had another look in the NDIC GIS map server and daily reports and having a look on the American Oil & gas website.
    Found that Brunelle 1-29h on stockyard creek is not a bakken.12/8/08 78 bopd madison.

    All the action atm is in bakken.
    AEZ wells 6-9miles from ssn just north in areas where no previous drilling occured.Ron Viall 1-25h 9000ft horizontal
    Tong Trust 1-20h also 9000ft horizontal bakkens and small interst in Heidi 1-4h a three forks formation.
    Goliath project just above stockyard creek.

    The leases have gone crazy with block 13 155 92 fetching $7300 an acre with average at $2000+.

    Aez 52 week range 50c-$4.88 last price 4.29 up 11c.

    Just like ssn they have acreage in wyoming and they just did a 5 well Niobrara re-completion program.
    Max 24 hour rate on the 5 wells
    80 564 133 136 389 boe
    Average daily production
    53 207 62 68 207 boe
    This is what ssn is trying to acheive also.
    In the quartely:Wyoming,Samson's 50% partner in the project has approved a farmout plan in regard to to moving forward with the project.
    Also with aez;5 well re-entry program in 2009 for niobrara
    production completely funded by outside party.


    Just 2c for ssn as a start would be nice.
    The drilling finishes by the end of the week so maybe we'll get there soon.



 
watchlist Created with Sketch. Add SSN (ASX) to my watchlist

Currently unlisted public company.

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