SSN 0.00% 1.5¢ samson oil & gas limited

operational advisory 23/1, page-40

  1. 8,720 Posts.
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    Remember too that what has been announced today is not an official IP rate. That will come soon when the % of frac fluid in the total fluid recovered decreases to a certain level.

    I agree with STS and OMR 200+ will be Probably be the bottom line number (one point STS - Defender hasnt cost nothing - there is the cost of the acreage for this spacing, and the cost of the 3D pro-rated to the same spacing - still peanuts but not zero, and the payback will be very quick).

    I also keep firmly in mind that this is a development well, Samson has gotten HAL to take the lions share of the risk, and as per the operational and strategic comments by Devon, the expectation is to maximise the learnings from the first couple of wells in the Goshen area to achieve continuous improvements in successive wells.

    Cheers, Sharks.
 
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