SSN are experiencing their fair share of delays in its current...

SSN are experiencing their fair share of delays in its current drilling program but I am very pleased with the progression in the last 12 months.

They have contracted 2 Frontier rigs one to drill Roosevelt and then the infill wells in North Dakota ,the 2nd rig to drill SOA and the next Lateral in the Niobrara if HAL go ahead.

SSN have 4 current wells on the go, 3 are waiting on IP rates and a 4th (SOA) to start this month.

We have 2 wells with JV partner Fort Peck (Abercrombie and Riva Ridge) by virtue of our working relationship which may prove to be successful and lucrative in the immediate future, remembering Quantum a $5.7B company have committed $150M to fund Fort Peck. TB has also put forward with decent rates out of Australia 11 or Gretel they would move to do their first ECO PAD this year.


SSN have a big chance of increasing their inventory very quickly in the very short term given any decent flow rates form Roosevelt and Hawk Springs.

Cheers Matsim