"Devon Energy has drilled in adjacent land to the dev/ssn jv and they should be completing the horizontal in the shale play. That is a j/v with Kodiak oil and that could put a big value on the acreage that ssn hold."
So nice to have the experts drilling the same area Matchbox20..
There was no mention of spud dates for Ripsaw this time around, so reckon they'll need more cash at some stage, but certainly wil be a busy year for Samson.
Sales were up 80%, need to get 4 or 5 more wells on line to reduce the debt, but at least they have the acreage available.
Nice play coming up..
TCG
SSN Price at posting:
1.8¢ Sentiment: LT Buy Disclosure: Held
