I wouldn't pay too much attention to CHK's 2 dusters.From what I have read they are pretty much "cowboy's" in their preparation ?? This well has been meticulously planned and nothing has been left to chance !
I don't believe there is only dirt down there ! People are very jumpy in the current market and not all sell downs are company specific ? If I had the $$ now I would seriously look at entering at these prices.SSN don't deserve a hiding like this.A company with good cash flow and cash at hand should be a safe haven.
Even if this turns out to be a duster it has cost SSN nothing !The Niobrara has oil,no doubt about it.Just crazy crazy emotional stuff I reckon.
GLTA
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