I cannot find reason to buy SSN on the US exchange even at a half dollar per share however.
I have no idea which direction TB will head from here either. I can't imagine he gambles anytime soon on another niobrara well.
Ft. Peck energy may very well choose not to buy in to the Ft. Peck deal. They have been watching very closely obviously, but considering the initial two appraisal well dissapointments I doubt they opt in. (And they were dissapointments). Especially not with SSN as the operator. Why would you invest in TB, can't say I blame them.
One thing is for sure though, good on you guys for making a stand against the LTIP, can you imagine if that had passed?
SSN Price at posting:
5.0¢ Sentiment: Sell Disclosure: Not Held