Really is strange times in the niobrara Geobrand2.Plenty still happy to place big $$ into the play yet others are walking. The CHK decision to sell the Samson purchase was very strange indeed.Even allowing for their debt issues,they havent really given the play a good hard go as far as I can work out ? Really not sure how much or how little they do know.
Then yesterday REX announces they are wanting out of the Niobrara after 2 more dusters,so there are really mixed messages coming out.
Like I said the other day,SSN will be the yardstick in the play and many in the game will be keeping close tabs.
GLTA
SSN Price at posting:
11.5¢ Sentiment: None Disclosure: Not Held