SSN 0.00% 1.5¢ samson oil & gas limited

Hi, These are the figures quoted in Enercom report as at 3/8/11...

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    Hi,

    These are the figures quoted in Enercom report as at 3/8/11 on Samson's website.

    Well Cost: $3.63 Million
    Initial Production: 250 Boed
    EUR: 216 Mboe
    LOE: $14.72/Boe
    Percent oil: 85%
    IRR: 25.9
    Realised Price: $60.75/Boe

    It further goes on to say

    We ran various scenarios for a sensitivity analysis, and here are the results:
    • Breakeven well cost for IRR of 10% is $5.2 million.
    • Breakeven realized commodity price for IRR of 10% is $45.35 per BOE.
    • Minimum EUR, based on our decline curve, for an IRR of 10% is 141 MBOE, assuming an initial production rate of 164 BOEPD.
    • The company has estimated two workovers during the life of the wells costing $100,000 each.
 
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