It is evident that the Samson train under Terry Barr is losing steam. Cash is going fast with high management compensation and very little revenue coming in from drilling. Too many operational mistakes, or mediocre oil acreage. A little of both.
Sundance sold sold half of their Bakken for $172 million- up huge today. I know some here are long SDCJF like myself, congrats !!
It is evident that the Samson train under Terry Barr is losing...
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