SSN 0.00% 1.5¢ samson oil & gas limited

It will be interesting to see if SSN bids at the auction or if...

  1. 470 Posts.

    It will be interesting to see if SSN bids at the auction or if they already have a deal in place.

    If you read the article, from what I make of it TB may already be close to a deal, whether or not it will be through the auction system to obtain the leases time will tell.

    Knowing TB im confident he will source the best possible leases at the right price, he did say there was ample land for sale by private companies in the Bakken.


    "Samson is looking to add 20,000 acres in the North Dakota shale play at a price of less than USD 1,000 per acre and is in DISCUSSIONS regarding possible buys, Barr said. He would not comment as to whether Samson has a confidentiality agreement in place. Holland & Hart is acting as legal advisor to Samson."


    Just my thoughts!!!
 
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