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0.00% 1.5¢ samson oil & gas limited

Boof,I would imagine that at the moment as we are in proof of...

  1. Oilman
    85 Posts.
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    28/02/12
    01:32
    Post #: 9759829
    Boof,

    I would imagine that at the moment as we are in proof of concept stage he is trying to conserve the cash.

    Longer laterals do need a bigger more powerful rig but at this stage I reckon it's a pure cost issue.

    cheers,

    OM
    SSN Price at posting: 14.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 11  Upvote
    lightbulb Created with Sketch.  Great analysis
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