SSN 0.00% 1.5¢ samson oil & gas limited

TonyIndo, TB is paid big dollars to provide this type of overall...

  1. 5,224 Posts.
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    TonyIndo, TB is paid big dollars to provide this type of overall analysis and provide his perspective of commercial value, otherwise just what is the point of all these conference presentations. However, re SOA, he decided to focus on low level technical detail and the need to improve productivity.

    Re Aus II - according to his figures it is averaging 157 BOPD over 16 days which is actually higher than the previous update of 147 over 8 days, even though the bottom rate dropped from 79 to 48. The decline rate and/or oil cut must have stabilised is my conclusion. In the previous update he again focussed on the decline and the hydrostatic pressure yet in this update he did not discuss any of these issues.

    Bottom line is TB is incapable of developing a cohesive and focussed story.
 
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