SSN 0.00% 1.5¢ samson oil & gas limited

There is no current need for further cashThe next few months of...

  1. 29 Posts.
    There is no current need for further cash

    The next few months of costs are in one of last announcements. The company states the next 8 wells are going to cost samson $23.2 mill leaving $32 million at years end in account not accounting for oil sales from these wells.

    We dont know yet what the initial flow rates are yet....but in my opinion it wont take to many of these wells to have flow rates of 500 BOPD or more to fully fund an extened drilling campaign



 
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Currently unlisted public company.

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