What a disappointment indeed. Seriously it seems as if Samson cannot get anything right or at least problem-free! I personally dont see anything positive in today's announcement. Yes there are snippets of hope to cling to, but the reality is we have 4 wells out of 4 that have turned out to be downright disappointing - the thread title is the most suitable word to describe it.
The biggest question mark for me in this announcement is how Gretel can not be showing any oil and be on the other side of the brockton fault line when the abercrombie bottom hole location is only 1 mile from Gretel, and its last report indicated 380-630 bopd.
Im not selling today but it is time for me to re-evaluate my position in Samson.
Cheers, Sharks.
What a disappointment indeed. Seriously it seems as if Samson...
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