SSN 0.00% 1.5¢ samson oil & gas limited

Page 2 as below is very interesting indeed, eludes to something...

  1. 3,608 Posts.
    lightbulb Created with Sketch. 162
    Page 2 as below is very interesting indeed, eludes to something more to come i feel.
    --------------------------------------------------

    The Niobrara Formation is seen by some commentators in the industry as having characteristics
    similar to the Bakken Formation, but the Niobrara Formation has not yet had the completion
    technology that has been developed recently in the Bakken Formation applied to it.
    The Upper Cretaceous Niobrara Formation in southeast Wyoming consists of cyclical layers of
    calcareous chalk, shale, and marl. Industry experts have suggested that the Niobrara has most if
    not all of the characteristics for a significant unconventional oil discovery. Those characteristics
    are:
    1) A high total organic content
    2) Thermal maturity in the oil window,
    3) A capability to be fracture stimulated (brittle rock) and/or the presence of natural
    fractures, even though there is moderate clay content,
    4) A high net thickness,
    5) Good boundary seals, and
    6) Hydrocarbon saturated
 
watchlist Created with Sketch. Add SSN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.