SSN 0.00% 1.5¢ samson oil & gas limited

C'mon mezz, surely your not that naive that you think Aus II and...

  1. OMR
    1,175 Posts.
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    C'mon mezz, surely your not that naive that you think Aus II and Gretel II are dud wells based on information so far.

    The last Aus II announcement stated in part......

    "following this clean out operation, a production
    string will be run to prepare the well for the rod pumping equipment."

    Does that sound like a write off or where you expecting 2000 barrels already.


    As for Gretel II, this sounds like a beauty.......


    "when the well is worked over next week. This operation will drill
    the 19 ball drop valves. The well commenced flowing back at a rate of 1440 BFPD (all frac water)
    on Wednesday (March 28 th March."


    so even before the balls are drilled out, the reservoir pressure has pushed 1440 barrels of frac water out already. The frac water always comes first and the oil cut increases as the water declines. Give it time mate, you sound like you don't have the mental strength to see this through.

    As for you matyd, I expect more from long term holders. Stay the course son, I know you want to.

 
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