Cowboy is a unique poster to the SSN thread the fact he buys and sells leases in and around the area gives us some very valuable knowledge and insight to the play and not to forget good old mum with boots on the ground.
Devon at this stage of the game seems to be very active in their drilling program just south of SSN leases. They obviously like what they see to plan 4 additional wells by the summer.
SSN sold off a large slice of their leases to CHK which is south of our current leases as TB was very confident that the leases north (current leases) were significantly better. So if TB is correct and the current leases SSN hold are better you would believe whatever Devon can produce would look even better for SSN.
Cheers Matsim
SSN Price at posting:
12.0¢ Sentiment: Hold Disclosure: Held