bakken activity, page-8

SSN in the March Quarter had a net 136 BOEPD with a revenue of $1,379,559 and in the December Quarter $1,934,027.

With the current frac of Rodney and Earl almost finished and Everett spud on the 7th of May, SSN are going to more than double its current cashflow on their completion.

The proceeds will be a huge factor to SSN especially when they start their Hawk Springs Project.

TB himself said in the New York presentation that their cashflow will increase significantly from its current position. With only about 7 staff and low overheads, SSN will be 600K per quarter better off with no debt facility by the end of May.

Can anyone please tell me a company who will double its revenue in the very short term, be debt free in 2 weeks and ready to start drilling in their premier acres in the Hawk Springs Project?

No wonder theres a lot of interest in SSN at the moment. All the delays will be a thing of the past in the next few weeks. With a Market Cap around 280M fully diluted SSN is still very cheap at 14.5 cents, well im fully loaded and ready to go, are you?


GLTA